BusinessBusiness RecoveryWest End restaurant enters administration

West End restaurant enters administration

Taman Gang restaurant in London's West End suffers from downturn in restaurant business

A ‘pan-Asian’ restaurant trading in London’s West End has entered into
administration.

Paul Clark and Jason Godefroy, partners from Menzies Corporate Restructuring,
have been appointed joint administrators of Taronbond Limited (trading as Taman
Gang).

The restaurant has struggled with its cashflow following a recent shopfit and
a downturn in the restaurant business.

The administrators will continue trading and is it hoped to sell the business
as a going concern.

‘We believe it will be an attractive proposition, perhaps for an established
restauranteur looking to set up or expand a business, or for anyone already
established in the leisure or entertainment sector,’ said Clark.

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