The Coconut Tree restaurant goes bankrupt due to a debt of £1.6 million.

Financial troubles for the winners of COME Dine With Me

Winners of the show COME Dine With Me have encountered serious financial difficulties. Their well-known restaurant chain operating in Sri Lanka, called The Coconut Tree, is on the verge of closure due to issues with paying a tax bill of £1.6 million, which has not been paid to HMRC. Documents indicate that the restaurant chain went into administration last week as it failed to meet its financial obligations.

“We regret to write about these circumstances, as the restaurants have become a meeting place for many of our customers.”

This situation has raised concerns among employees and regular customers who value the atmosphere and quality of service at these restaurants. The financial troubles of the The Coconut Tree chain threaten the future existence of the establishments that have become favorite spots for many. Against the backdrop of the pandemic and economic changes, restaurants are struggling for survival, and this situation highlights the challenges faced by the hospitality industry.