Overview
- Robson Scott Associates has been appointed to wind up Seven Star Holdings Ltd through a creditors’ voluntary liquidation that remains in progress.
- A creditors’ report cites rising staff costs, high energy bills and reduced customer footfall during the cost-of-living squeeze as the key drivers of the collapse.
- The building is owned by Punch Pubs & Co under a leased and tenanted structure, placing day-to-day trading and employment risk on the local operator.
- Local reports indicate the Seven Stars continues to trade with the same management and staff, with a change to the operating company’s name understood to have taken place.
- The insolvency lands alongside wider sector strain, including The Revel Collective’s administration and venue closures, as the government rolls out a pubs support package with 15% business-rates relief and a real-terms freeze for two years, with around £100 million a year expected for pubs until 2029.