The company said it expects to make a further announcement in the coming days.
The Revel Collective is facing administration (Image: Getty)
Revolution bars group The Revel Collective has announced plans to appoint administrators, but said talks over a possible sale were “well advanced”. The group – which also runs venues under the Revolucion de Cuba and Peach Pubs brands – said it had filed a notice to appoint administrators “to protect creditors”.
But it said it was in ongoing discussions over a potential sale, adding it expects to make a further announcement “in the coming days”. The firm said on Monday: “Since the transactions being contemplated are not expected to deliver any return to shareholders, the board has resolved to take action to protect creditors. Unless circumstances change, and in accordance with statutory requirements, the board intends to appoint administrators within 10 business days.”
“The business will continue to trade and the company will continue to work alongside advisers in order to preserve as much value as possible for all stakeholders as it advances a potential sale of all or parts of the business,” the group added.
The group undertook a major restructuring in 2024, in which it shut 15 unprofitable bars in a bid to turn around its performance.
But the revamp plans faltered and it launched a strategic review last autumn into funding and a sale of all or parts of the business. It trades from around 62 sites and employs just over 3,000 workers as of the end of June 2024.
Bosses at the firm said in October that revenue has been weaker than expected as younger customers reined in their spending and due to warm weather over the summer.
Revenues dropped by 7.4% to £26.3 million over the three months to September, driven by a 10.5% like-for-like decline in its bars business. The company also disclosed that its debts grew further, rising to £25.3 million from £22.1 million at the end of June.
Data show 149 UK companies filed for administration in the last month of 2025, spanning retailers, manufacturers and regional employers. Figures from Companies House showed that the number of solvent businesses entering liquidation surged during the 2024-2025 tax year
Revolution bars are part of The Revel Collective (Image: GETTY)
Previous cases included Toolstream, which distributed hand tools, power tools and workwear to retailers, wholesalers and merchants. It similarly collapsed after a period of decline following the Covid supply crisis, according to administrators.
Retailers including L K Bennett were similarly forced to enter insolvency, with the UK-based fashion chain’s collapse impacting nine stores and 13 concessions. Multiple big-name firms also came close to administration before being bought out. Claire’s, Hobbycraft and WHSmith were all bought by Modella Capital and Poundland narrowly avoided collapsing 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 amounting to 56% of all administrations.
