0800 644 6080
Call FREE from Landline and Mobile
Est. 1989

Red Hot World Buffet Owner Heads for Administration

Written by: Keith Tully

Published: 24th June 2016

Red Hot World Buffet Owner Heads for AdministrationThe owner of the restaurant chain Red Hot World Buffet has signalled its intent to enter administration after becoming unable to pay its debts and satisfy its creditors.

Passepartout Ltd has applied to the High Court to be placed into administration, with insolvency experts having been lined up to help manage the organisation’s financial affairs and to consider possible routes forward for the business.

Red Hot World Buffet restaurants have been popular all-you-can-eat dinning locations in a number of English and Welsh towns and cities.

Outlets owned by Passepartout, which is based in Bolton, include Red Hot World Buffet restaurants in Manchester, Leeds, Cardiff, Leicester and Liverpool.

However the business has been struggling from a financial perspective in recent months and its reputation took a significant hit earlier this year when hygiene issues meant its Liverpool restaurant had to be temporarily closed down.

Expectations are that the various Red Hot World Buffet restaurants will continue trading as normal as it heads towards administration but minutes from a recent Passepartout board meeting make clear that the holding company which owns them is currently unable to pay its debts.

“A number of offers for sites have been received from trade competitors and these are currently being considered,” explained a spokesperson for the insolvency company called in to assist Passepartout’s directors.

“The group continues to trade as normal with the support of its loyal employees across the Red Hot World Buffet operations.”

“The group has an attractive portfolio of A3 restaurant sites in Manchester, Leeds, Liverpool, Leicester and Cardiff,” the spokesperson said.

The restaurants owned by Passepartout built their popularity on the unusually broad variety of food options on its menus and served at its buffet counters, with Italian, Indian, Mexican, Japanese, Chinese and Mongolian foods all available at the same locations.

Red Hot World Buffet’s website insists that its food is prepared “at live cooking stations by specially trained chefs that only use fresh ingredients”.

However, there were widespread reports earlier this year that its Liverpool outlet was temporarily closed down because live mice had been spotted at the premises. 

Keith Tully

Keith Tully

Join Keith Tully on Linked In Follow Keith Tully on Twitter

Keith has been involved in Business Rescue since 1992, during which time he’s worked for both independent and national firms. His specialties include company restructuring matters and negotiating with HMRC on his clients behalf.

Meet our Team of Experts
Director Support - Business suffering from Cash-Flow Problems?
If your company is financially distressed, we also offer the below services:
Business debt recovery

  • Recover Unpaid Invoices of £5k+
  • Expert Credit Control Services
  • Stop Late Payers & Bad Debts
Visit Site
Time to pay experts

  • Get Breathing Space with HMRC
  • Support with Business Tax Arrears
  • 35 Years HMRC Negotiation
Visit Site
UK Business Finance

  • Rejected for a CBILS Loan?
  • Get Emergency Business Funding
  • Supporting 1000+ UK Companies
Visit Site
Who we help
  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships
Contact our team
Jonathan Munnery
Gillian Sayburn
Julie Palmer
or Find your Nearest Office

Here at Real Business Rescue we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

Business Rescue Advice for Directors
Free Guide for Limited Company Directors
Business Rescue Advice for Directors
  • How to manage company cash flow problems
  • Advice on dealing with HMRC
  • Understanding rescue and closure options
  • And much more...
Free Guide Download
Dealing with your Insolvent Clients
Business Rescue Guide for Accountants
Dealing with your Insolvent Clients
  • Helping you advise insolvent clients
  • Spotting signs of client distress
  • Exploring business rescue options
  • And much more...
Free Guide Download
Our numbers speak for themselves
Number of UK Offices
Directors Helped
Licensed Insolvency Practitioners