According to legal database Caseboard, Liberty Bar & Restaurant, TGI Fridays UK’s holding company, filed the notice on 5 December.
It comes just over a week after Sugarloaf, the global brand manager of TGI Fridays UK, revealed it had brought in financial advisory firm Interpath to explore strategic options for the American-style themed restaurant business.
It is understood that all 49 of TGI’s UK restaurants will remain open during the Christmas period, as Sugarloaf aims to secure a future for the business.
Sugarloaf acquired the business from Calveton UK and Breal Capital in October 2025, in a deal which saw holding company Liberty Bar and Restaurant Group transfer to Sugarloaf TGIF Management LLC.
TGI’s UK franchise was bought by Breal and Calveton in October 2024, after its previous owner, Hostmore, filed for administration.
Phil Broad, president TGI Fridays international franchising, told BusinessLive: “The Directors of TGI Fridays UK can confirm that a notice of intent to appoint administrators was filed with the court. This step brings the new owners, who assumed control last month, closer to securing and strengthening the long-term future of TGI Fridays in the UK.
“The priority is to protect TGI Fridays employees and its restaurants, and we want to express gratitude to all stakeholders for their patience during this process.
“We also want to reassure guests that all locations remain open throughout the holiday period, delivering the welcoming, celebratory experience that TGI Fridays is known for.”
