Former operator of Peterborough’s Broadway ‘owes £68k in unpaid business rates’
Further claims have emerged that money is owed by the former manager of Peterborough’s Broadway Theatre, with the venue’s local council claiming it is owed £68,000.
Peterborough City Council has taken out a liability order in court against the venue’s former operator Performance Art Ventures CIC, which is run by Mark Ringer, to try to reclaim the money, which it claims is unpaid business rates.
This follows news on August 6 that Performance Art Ventures had been forced to cease trading after going into “unrecoverable financial difficulty”.
The Stage revealed on August 8 that producers of shows that had run at the venue claimed to be left owed thousands of pounds by the venue’s collapsed operator.
A spokesman for Peterborough City Council said: “We can confirm that the council is owed unpaid business rates from Performance Art Ventures CIC.
“The council has taken all available recovery options to secure this debt, including obtaining a liability order at court.”
The spokesman added: “Our officers had been in regular dialogue with the company’s managing director with a view to supporting the organisation in applying for any rate reliefs they are entitled to.
“Unfortunately the necessary information required to support this application was not received despite a number of requests.”
The Broadway Theatre is owned by Rinaldo Fasulo and leased to the Dawe Charitable Trust, which had been subletting the venue to Performance Art Ventures.
Ringer could not be reached for comment.