Celebrity chef Heston Blumenthal’s flagship melbourne restaurant has been placed into voluntary administration.
Dinner By Heston was handed to provisional liquidators on Friday after a Federal Court hearing in sydney.
Court orders state an application was made to wind up the company behind the restaurant, “on grounds of insolvency”.
Papers filed with the Australian Securities and Investments Commission reveal it has been under financial strain for some time.
Company reports showed the business made a loss of $492,004 in 2018 and a loss of $308,526 in 2017.
BRI Ferrier principal Brian Silvia last night said the pricey restaurant at Crown casino would stay open.
“It is trading as normal at the moment,” he said, adding that it would continue to do so into the new year. “At the moment yes, it is profitable.”
Tipsy Cake Pty Ltd, the company which owns the restaurant, last night released a statement that Dinner By Heston’s doors would stay open.
“The voluntary appointment of the provisional liquidators will enable appropriate actions to continue the restaurant’s current successful and profitable trading and to fulfil its obligations,” the statement said.
“The provisional liquidators’ role is a caretaker…
