Parker Walsh Appointed as Liquidator for Michelin-Listed Restaurant The Old Vicarage

Parker Walsh Corporate Recovery has been appointed to handle the liquidation of The Old Vicarage, a Michelin-listed restaurant located in Ridgeway, near Sheffield. Molly Monks, a licensed insolvency practitioner with Parker Walsh, has been appointed as the liquidator for the restaurant, which has been a fixture in the local fine-dining scene since 1988.

The Old Vicarage, which was awarded a Michelin star in 1998, held the prestigious accolade until 2015. It remains one of only three restaurants in or near Sheffield included in the Michelin Guide, praised for its sophisticated fixed-price menus and the "Prestige" dinner menu, which showcases the chef’s expertise.

Despite its esteemed reputation, the restaurant has been forced into liquidation, with the effects of the COVID-19 pandemic playing a significant role. Molly Monks, speaking on behalf of Parker Walsh, cited the pandemic's long-lasting impact, alongside rising operating costs and growing repayment pressures from HMRC, as the primary reasons behind the insolvency.

“The hospitality sector has faced unprecedented challenges, with increasing costs and changes in consumer behaviour, many businesses have struggled to survive. Unfortunately, The Old Vicarage is the latest to be affected by these ongoing pressures.”

The restaurant posted a message on social media on October 7, marking one of its last updates before entering liquidation.

Parker Walsh continues to offer specialist insolvency services, helping businesses navigate these difficult times while seeking to safeguard creditors' interests. The appointment of Molly Monks further solidifies the firm's reputation as a trusted authority in corporate recovery.

Original article