Latest news with #MoulinRouge-inspired
Daily Mail
02-05-2025
- Business
- Daily Mail
Steakhouse chain is to close all its restaurants as it collapses into administration despite reviews saying its food is 'absolutely delicious'
A steakhouse chain is set to close all its branches after falling into administration despite its rave reviews. The restaurant, called Steak of the Art, serves steak, seafood, and other meat dishes in locations in Bristol and Cardiff. A concept that doubles as a steakhouse and an art gallery, the Steak of Art was founded over a decade ago by former management consultant Stephen Bowen. According to its website, the restaurant at Cathedral Walk in Bristol offers diners an 'original, fun and entertaining' experience, with an option of Moulin Rouge-inspired private dining. The restaurants also hosts live music, film nights and fashion show fundraisers. Despite earning positive reviews the chain, owned by Groupco Ltd which is run by Mr Bowen, has collapsed into administration, BusinessLive reports. Rob Coad and Sam Talby of Undebt were appointed as joint administrators on April 9, companies house documents show. The company owed £410,347 to creditors as of March 31 last year, according to the latest filing. This means that the Cardiff site, which recently closed, will now no long reopen and it is understood the Bristol branch is also due to shut indefinitely. It is unknown if jobs will be lost if the company will be sold. The Bristol restaurant, which is still taking bookings online, has a 4.2 rating out of five on TripAdvisor with the last review given on April 5. One customer wrote: 'The whole meal was cooked to perfection, the service was impeccable and the whole experience was a pleasure.' Another added: 'The steak was absolutely delicious! And the roasts looked amazing, and I'm told were also delicious! 'I would highly recommend this place!! The service was also faultless.' A third said: 'Very good food and service. Steak was cooked well and very tasty dishes. Would definitely visit again.' While someone else wrote: 'Impromptu work dinner for 10 of us whilst in Bristol. One of the best steaks we've tasted. So good!! Great staff and service and the sides were super tasty too. Great job!!' It comes after Rio Brazilian Steakhouse on Bridge Street in York announced it was shutting on Monday. On a statement on its website, the steakhouse said: 'We regret to announce that Rio Brazilian Steakhouse York has now closed. 'We sincerely apologise for any inconvenience this may cause.' A vegan street food chain in Manchester also shut all three of its sites confirming the closures in a post on social media. The founders Robyn Marsh and Damian Myles admitted it is 'really difficult to maintain a thriving business' and listed challenges such as the pandemic and the closure of Hatch food and drink village, which is one of their busiest locations.
Daily Mirror
01-05-2025
- Business
- Daily Mirror
BREAKING: Beloved restaurant chain Steak of the Art collapses into administration
A restaurant chain is set to close both of its UK branches for good as it has gone into administration. Steak of the Art serve steak, seafood and other meat dishes, such as lamb and game. It is a steakhouse and art gallery concept run by a company called Groupco Ltd. The branches in Bristol and Cardiff had enticed hungry punters for some time but recently the firm has faced challenges. And, according to documents filed at Companies House, Groupco, trading as Steak of the Art, appointed Rob Coad and Sam Talby of Undebt as joint administrators on April 9, 2025. The latest filing shows the company owed £410,347 to creditors as of March 31 last year. It means the Cardiff branch, which had been closed recently, will no now longer reopen and it is believed the Bristol restaurant will also cease trading indefinitely. The administrators and restaurant have not responded to a request for comment from Business Live, which is our sister title. Video Loading Stephen Bowen, a former management consultant, established the business more than one decade ago. Steak of the Art said it offers an "original, fun and entertaining" experience, including the option of Moulin Rouge-inspired private dining. The room has space for up to 20 people and is free to hire. It also has a separate gallery, showcasing work from local and UK artists, and says it offers live music and events, including film nights and fashion show fundraisers. The Bristol restaurant has a 4.2 rating out of five on TripAdvisor, with the last review written on April 5. Regular guests have taken to social media to express their sadness at the expected closure. One customer said: "Steak of the Art!! Gutted!" Another miffed diner commented: "Such a shame, that's the place in Bristol we went." A third complained: "Is there anything left open in the uk? Every day something else is closing." Among the reviews on TripAdvisor for the Bristol eatery, one person praised its atmosphere and service. They wrote: "We threw a surprise birthday lunch at Steak of the Art. They were absolutely brilliant the whole way through. Really helpful with helping with the booking and sorting the private area for us. They also let us serve our own cake for dessert. The steak was absolutely delicious! And the roasts looked amazing, and I'm told were also delicious! I would highly recommend this place!!" The average monthly number of people including directors employed by the company during the period was 38. It is not known if any jobs are at risk due to the administration or whether the company will be put up for sale. Business Live has contacted Undebt and Steak of the Art Bristol for comment.
