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Middletons Steakhouse has been acquired out of administration by a new group controlled by its existing shareholders.
Following their appointment, joint administrators Tim Bateson and James Clark from Interpath concluded a sale of the business and assets to secure the future of the company
The transaction sees all of the company’s sites continue to trade, safeguarding the jobs of Middletons’ 159 employees. The company operates seven restaurants in Chelmsford, Colchester, King’s Lynn, Leicester, Milton Keynes, Norwich and Peterborough.
The company had experienced challenging trading conditions as a result of rising raw material and labour costs and fragile consumer confidence. In response to these challenges, the Company’s directors sought to undertake a review of the sale, investment and restructuring options available.
However, despite undertaking a marketing process, a solvent solution could not be found, and as such, the directors took the decision to file for the appointment of administrators.
Bateson and Clark were appointed joint administrators to Gastro Pubs Limited, trading as Middletons Steakhouse and Grill, on 14 November 2025.
Bateson, director at Interpath and joint administrator, said: “Hospitality businesses up and down the country continue to battle hard in the face of strong trading headwinds. Whilst these challenges proved insurmountable for Gastro Pubs Limited, we are pleased to have concluded this transaction which will allow the Company’s seven Middletons Steakhouse & Grill restaurants to continue trading, preserving the jobs of their loyal staff.”
