The Revel Collective facing administration – 62 venues at risk | UK | News
Revolution bar group The Revel Collective has announced plans to appoint administrators but said talks about a possible sale were “well progressed”. The group, which also operates venues under the Revolucion de Cuba and Peach Pubs brands, said it had filed a notice to appoint administrators “to protect creditors”.
But talks about a potential sale are ongoing, he said, adding that he expects to make another announcement “in the coming days.” The firm said: “As the transactions are not expected to provide any return to shareholders, the board has decided to take action to protect creditors.
“Unless circumstances change and in accordance with legal requirements, the board intends to appoint directors within 10 business days.”
“The business will continue to trade and the company will continue to work with advisors to preserve as much value as possible for all stakeholders as we progress the potential sale of all or part of the business,” the group added.
Data shows 149 UK companies, including retailers, manufacturers and regional employers, filed for administration in the final month of 2025. Figures from Companies House showed that the number of solvent businesses going into liquidation increased in the 2024-2025 tax year.
Previous cases included Toolstream, which distributes hand tools, power tools and workwear to retailers, wholesalers and traders. It similarly collapsed after a period of decline following the Covid supply crisis, according to executives.
Retailers, including LK Bennett, were similarly forced into bankruptcy; The collapse of the UK-based fashion chain affected nine stores and 13 concessions. Several large companies also approached management before being acquired. Claire’s, Hobbycraft and WHSmith were all bought by Modella Capital and Poundland narrowly avoided collapse after a turnaround plan was approved days before its coffers ran dry.
Hospitality, manufacturing, real estate and construction were among the worst-hit sectors, collectively accounting for 56% of all administrations.
