Rocket Club licence firm goes bust
Sep 29 2010 by Jon Griffin, Birmingham Mail
THE boss of Birmingham’s best-known lap dancing venue today insisted it was business as usual – 24 hours after an associated company collapsed into liquidation.
Lawrence Reddy, the businessman behind the Rocket Club on Broad Street, confirmed the demise of Broad Street Entertainments, a firm set up to operate the club’s licence.
But Mr Reddy said he was personally owed £80,000 by Broad Street Entertainments, placed into liquidation by Walsall-based insolvency specialists Griffin and King.
“The company was only set up with a licence to operate under the name of the Rocket Club. It was set up as a subsidiary and had no assets.
“It didn’t seem to trade very well and we were running up debts. It only operated for 15 to 18 months.
