The full extent of the financial mess that led to the collapse of AllBright has been revealed.
The London-based women-only members’ club owed in the region of £2m when it called in administrators in January and closed the doors on its exclusive five-storey Mayfair townhouse in Maddox Street.
Earlier this month the club was rescued out of administration by an investee company of London-based real estate investment firm Cain International.
Now documents filed at Companies House – under the company’s full name of AllBright Collective Ltd – show a list of more than 80 creditors.
The biggest creditor – EW Investor – was owed nearly £1.1m, consisting of a secured loan of £575k and an unsecured loan of £524.5k.
The second biggest creditor is HM Revenue & Customs with £312,669, followed by the landlord ‘RAPCO’ c/o White Duce & Brown, which is owed £159,636.
The documents also list the names of more than 80 ‘trade and expense’ creditors, who are owed £275,351, including PR companies, cleaners, fitness studios, event specialists and printers.
Among the names are: Electrocity (£20,998); CF Corporate (£6,307); Boutinot Wines (£9,648.49); Bethel Green Fish Supplies (£5,623.36); GoCardless (£11,043); Miss London Concierge (£707); and My Menopause Centre (£750).Event deposits account for another £43,588 with employees’ claims adding £275,560 to the total.
The figures are contained in the official ‘statement of affairs’ document, detailing the company’s assets and liabilities.
AllBright describes itself as the leading career network for women via digital and physical spaces and its collapse came just six years after a £13m investment had valued the business at £100m.
AllBright CEO Viviane Paxinos (pictured) has been approached for a comment for this story but has not yet responded.
However, in a statement earlier this month, she said members now have access to space at Old Sessions House in Farringdon.
Paxinos said: “AllBright has always been driven by a clear mission – to empower women and support business growth – and this next chapter marks an exciting evolution of that vision.
“With the backing of Cain International, we are strengthening our long-term strategy, deepening our focus on learning, networking, and events, and expanding opportunities for our community.
“The launch of our first co-hosted residence at Old Sessions House is a key milestone, providing a vibrant and inspiring space for our members to connect and thrive.
“As we transition to this new model, our mission remains as vital as ever, and I look forward to what we can achieve together.”
AllBright was originally put into administration with Asher Miller and Stephen Katz, of Begbies Traynor, appointed as liquidators on January 30th, 2025.
AllBright was founded by Anna Jones and Debbie Wosskow OBE, in 2018 although they’re no longer involved in the business.
At the height of its popularity the club’s members included high-profile women such as tech entrepreneur Martha Lane-Fox, Margot James and actors Naomie Harris and Ruth Wilson.