THE OWNERS of a popular Llandudno nightclub have gone into administration.

Atmosphere Bars and Clubs, which owns the Broadway Boulevard nightclub, on Mostyn Broadway, went into administration this week as "a consequence of cash flow problems."

The club will remain open as administrators seek to sell its parent company.

Daniel Butters and Adrian Berry of business advisory firm Deloitte were appointed administrators of the Milton Keynes based company, which manages 24 licensed premises across England and Wales, employing 75 full-time staff and 418 part-time employees.

In a statement from Deloitte, joint administrator Daniel Butters said: "Unfortunately, as a consequence of cash flow problems, the decision was taken by the directors of Atmosphere Bars and Clubs to place the company into administration. 

He added: "We are continuing to trade the business and all venues remain open whilst seeking a sale as a going concern.”