Gordon Ramsay Holdings (GRH), the fine dining group led by the eponymous chef, has rubbished reports that the Royal Bank of Scotland (RBS) is call in a £10m business facility.
It was reported at the weekend that RBS planned to call in the loan in a bid to shore up its balance sheet after it posted the biggest loss in British banking history.
The company’s accounts for the year ending August 2006 show RBS had provided the group with a facility worth £10.5m.
A spokesman for GRH said: “The reports over the weekend were completely inaccurate.”
The company also rejected further reports that Companies House plans to prosecute over the late filing of accounts.
A spokesman said: “These allegations are untrue. With regards to Companies House they have no plans to prosecute."
The news of a possible loan recall follows M&C Report’s exclusive article last week that revealed GRH had put two of its sites up for sale.
The two sites, The Devonshire pub in Chiswick and Sloane Street by Gordon Ramsay, were later taken off the market, following queries by M&C Report and the interest the story generated among national media outlets.
