[News] Jamie Oliver’s Restaurants Administration!

[neilbard]

Jamie Oliver Restaurants go in to administrone.

End of Thread..

 

[darkwolf666]

From memory I have had meals at his outlets and was not impressed but I do feel sorry for the 1,000 plus employees who are likley to be looking for new jobs in what has become a difficult employment sector

There is something about Jamie Oliver that I cannot warm to I think its this bish bosh throw everything into a pan and make it look a mess on the plate or even worse serving food on a lump of wood or slate what's that all about I want a plate if I wanted to eat camping style I would have joined the scouts.

However much as I hate to admit it Jamie Oliver recipes on line when you don't have to listern to him are on the whole fantastic they may have a lot of ingredients but his mixing of flouvours is top class

So basically you like his food, but not his choice in crockery!

 

[Megazone]

If anyone has ever been in the Kitchens of his restaurant chain company, you'd be shocked.

Average food at best. Very slow service. Filthy kitchens

 

[Biscuit]

A friend of mine works at Head Office and knows JO pretty well. Aparently he's a lovely guy that goes above and beyond for this staff.

 

[mejonaNO12 aka riskit]

Court papers revealed that Jamie's Italian had debts of £71.5m, including: £2.2m in wages owed to STAFF booooooooooooooo

Thanks for the detailed breakdown of the creditor situation.

That £2.2m can quite easily be one month of staff wages. The business is going into administration not liquidation so can still trade in admin if the administrators think this will achieve the best result for creditors. They may well agree to pay the staff the owed salaries plus additional salaries for some to stay on to see the business trade through for a period of time with no additional creditor pressure now on them.

You have absolutely no details of the rest of the debt owed. This could be loans against machinery etc etc. That figure means nothing until you know the value the administrators will achieve from either selling the business or disposing of all the assets+some extra trading income, most of which will then go towards the debt owed.

Still, big numbers are scary aren't they? Must mean he's a shit.

 

[Bozza]

Court papers revealed that Jamie's Italian had debts of £71.5m, including: £2.2m in wages owed to STAFF booooooooooooooo

If you take a snapshot of almost any business at any moment in time it will owe staff wages, due to the way businesses pay people for work they've done and not going to do.

Assuming you work and given it's the 21st of the month, you are almost certainly owed wages by your employer.

 

[mejonaNO12 aka riskit]

No, but what relevance to sheer volume of debt run up against staff, suppliers and landlords I fail to recognise.

I'm also a terrible person. I have a HUGE debt called a mortgage.

I realise I should have just bought the house outright. Who am I kidding?

 

[Chicken Run]

I'm also a terrible person. I have a HUGE debt called a mortgage.

I realise I should have just bought the house outright. Who am I kidding?

Now you’re being silly for the sake of defending the indefensible[emoji23]

 

[Chicken Run]

If you take a snapshot of almost any business at any moment in time it will owe staff wages, due to the way businesses pay people for work they've done and not going to do.

Assuming you work and given it's the 21st of the month, you are almost certainly owed wages by your employer.

I’ll try another angle, suppliers, landlords and even those naughty people at HMRC ?

Anyhoo this thread is going the same way as Danny Baker, those the like him will sit on the other side of the fence to those that don’t I guess.

 

[The Clamp]

Jamie Oliver Restaurants go in to administrone.

Winner.

 

[TSB]

I’ll try another angle, suppliers, landlords and even those naughty people at HMRC ?

Anyhoo this thread is going the same way as Danny Baker, those the like him will sit on the other side of the fence to those that don’t I guess.

Or those that are actually informed in business will give a lesson to those who just think they are?

 

[Bozza]

I’ll try another angle, suppliers, landlords and even those naughty people at HMRC ?

Anyhoo this thread is going the same way as Danny Baker, those the like him will sit on the other side of the fence to those that don’t I guess.

Once again, many businesses, at any point in time, will have a list of debtors that may look utterly horrific for a number of reasons, most of which are absolutely no cause for concern. Those same businesses will also owe money to others.

Businesses fail - it's an unfortunate reality. Sometimes they fail because those running them are shit, many times they are not. I can't speak for the quality of Jamie Oliver and his management team, but what I'm not going to do is find some sort of perverse joy in his business failing because he's a bit of a Marmite personality.

I'm also not going to find fault in those who take on the big risks associated with entrepreneurship, and fail, If it wasn't for those who try, and fail, we wouldn't have half of what we enjoy.

 

[Gwylan]

Jamie Oliver Restaurants go in to administrone.

Yeah, he got his just desserts

 

[neilbard]

Once again, many businesses, at any point in time, will have a list of debtors that may look utterly horrific for a number of reasons, most of which are absolutely no cause for concern. Those same businesses will also owe money to others.

Businesses fail - it's an unfortunate reality. Sometimes they fail because those running them are shit, many times they are not. I can't speak for the quality of Jamie Oliver and his management team, but what I'm not going to do is find some sort of perverse joy in his business failing because he's a bit of a Marmite personality.

I'm also not going to find fault in those who take on the big risks associated with entrepreneurship, and fail, If it wasn't for those who try, and fail, we wouldn't have half of what we enjoy.

I'm not keen on the fellow, but your 100% correct..

 

[hart's shirt]

Jamie Oliver Restaurants go in to administrone.

 

[METALMICKY]

Once again, many businesses, at any point in time, will have a list of debtors that may look utterly horrific for a number of reasons, most of which are absolutely no cause for concern. Those same businesses will also owe money to others.

Businesses fail - it's an unfortunate reality. Sometimes they fail because those running them are shit, many times they are not. I can't speak for the quality of Jamie Oliver and his management team, but what I'm not going to do is find some sort of perverse joy in his business failing because he's a bit of a Marmite personality.

I'm also not going to find fault in those who take on the big risks associated with entrepreneurship, and fail, If it wasn't for those who try, and fail, we wouldn't have half of what we enjoy.

Yes, that's a pretty fair assessment. Some of the ' businesses experts' on here might be better served by just saying I don't like Jamie Oliver.

 

[neilbard]

I'm also a terrible person. I have a HUGE debt called a mortgage.

I realise I should have just bought the house outright. Who am I kidding?

It's your own fault for buying something so big.

 

[Chicken Run]

Or those that are actually informed in business will give a lesson to those who just think they are?

I certainly wouldn’t take any advice off JO looking at his track record!

 

[mejonaNO12 aka riskit]

I certainly wouldn’t take any advice off JO looking at his track record!

Multi millionaire Jamie Oliver?

Ok

 

[Baker lite]

I guess Brexit has absolutely nothing to do with British Steel on the verge of administration either.

I think successive Governments allowing the flooding of the market with cheap Chinese steel is more than likely the answer to that one.
Simple answer, any new building project, flats, shopping centres, retail parks only get planning permission If British steel is used.


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