Another Brighton night club owner has gone into administration.
Highprompt, which owns the Honey Club, in King’s Road Arches, Brighton, has called in an administrator.
Last autumn Luminar, which owned Oceana and Project in West Street, also went bust.
Highprompt’s directors were listed by Companies House as Steve Honeysett, 46, of The Vale, Ovingdean, who was also the company secretary, and Gary Turner, 43, of Station Road, St Ives, Cambridgeshire.
The pair became directors of Highprompt, which traded as the Honey Club, four years ago tomorrow (Wednesday 4 July).
They also ran Central Entertainments, the previous owner of the Honey Club, which can hold 1,000 clubbers. Central Entertainments applied to go into liquidation in July 2008.
The credit crunch was blamed by Baker Tilly, the accountants appointed to liquidate the business – that is, to close it, sell its assets and settle its debts.
Mr Honeysett was managing director of Highprompt and, from 2007 to 2011, a board member of Sussex Crimestoppers.
An official notice to announce that the company was in administration was published in the London Gazette on Friday 15 June.
It said that the company appointed an administrator on Friday 8 June.
The move gives the company legal protection from its creditors while an attempt is made to rescue the business.
Ian Yerrill, from insolvency specialists Yerrill Murphy, of Ashford, Kent, has been appointed as the company’s administrator.
He is expected to try to sell the business as a going concern.