Restructures and receiverships news & analysis

Patisserie Valerie

City snapshot: Patisserie Valerie locked in crisis talks Subscription

21 Jan 2019 | By Henry Saker-Clark

Last ditch talks to secure the future of café chain Patisserie Valerie are continuing, Distil reports a surge in volume sales, and the rest of the news from the City

Patisserie Valerie

Patisserie Valerie reveals “extensive” accounting misstatement Subscription

16 Jan 2019 Updated: 17 Jan 2019 | By Alec Mattinson

Patisserie Valerie has announced to the stock market it has found the misstatement in its accounts was “extensive” and involved “very significant manipulation”.

Hartley's Shop

Hartley's & Mulberrys off-licence owner appoints liquidators Subscription

09 Jan 2019 | By Daniel Woolfson

Its creditor BNP Paribas Leasing Solutions petitioned to have the business wound up in December

Single use - Sainsbury's milk aisle

Sainsbury's milk supplier Tomlinsons appoints advisors to explore possible sale Subscription

06 Dec 2018 | By Kevin White

It comes amid warnings of overcapacity and ‘wafer thin’ margins across the processing sector

Wagamama Flickr needs credit

Restaurant wholesaler Penta Foods bought out by directors following collapse Subscription

30 Nov 2018 | By Steve Farrell

The family-run Farnborough-based business supplies a string of high-profile restaurant chains

Maddocks

Maddock's sausage maker Lockwoods collapses Subscription

30 Nov 2018 | By Henry Saker-Clark

The company’s baked pies business stopped production earlier in the year

Wine

Italian wine retailer Vini Italiani rescued from administration Subscription

23 Nov 2018 | By Alec Mattinson

Italian wine specialist Vini Italiani has been rescued from administration in a deal saving 20 jobs.

Bon Bon Buddies

Bon Bon Buddies in 'complete restructure' after debts mount Subscription

09 Nov 2018 | By Henry Saker-Clark

The struggling Welsh sweet maker confirmed a Company Voluntary Arrangement with creditors last month

jools

Deal sought for Jools Drinks brand and assets Subscription

09 Nov 2018 | By Henry Saker-Clark

Owner Kmera Ltd is seeking a sale for the brand’s assets, intellectual property and designs

Bon Bon Buddies

City snapshot: Bon Bon Buddies agrees rescue plan after debts mount Subscription

09 Nov 2018 | By Henry Saker-Clark

Licensed confectionery manufacturer Bon Bon Buddies has agreed a rescue plan with creditors, a new report reveals 14 shops a day have closed on UK high streets so far this year, and the rest of the City news

crawshaws

Administrators for Crawshaws close 35 unprofitable stores Subscription

05 Nov 2018 | By Kevin White

More than 350 staff have already lost their jobs, however, administrators hope to sell off the chain’s remaining 19 profitable stores 

poundworld

Poundworld set for high street return after purchase Subscription

04 Nov 2018 | By Steve Farrell

The Poundworld brand has been sold to businessman Manni Hussain who plans to open 250 stores

crawshaws

High street butcher Crawshaw Group to hire administrators Subscription

31 Oct 2018 | By Henry Saker-Clark

High street butchers chain Crawshaw Group has announced plans to hire administrators, admitting it does not funds for a necessary restructure.

Poundworld Merry Shopping Centre-web

Poundworld and Bargain Buys brands sold by administrator Subscription

30 Oct 2018 | By Steve Farrell

All of Poundworld’s intellectual property assets have been sold to the Leeds-based company New Money

Peyton & Byrne Bakeries

Peyton & Byrne Bakeries split up in rescue deal Subscription

26 Oct 2018 | By Henry Saker-Clark

Peyton & Byrne Bakeries, the retail chain and wholesale bakery co-founded by Great British Menu judge Oliver Peyton, has been split-up in a rescue deal after it entered administration.

Peyton & Byrne Bakeries

Peyton & Byrne Bakeries falls into administration Subscription

26 Oct 2018 Updated: 26 Oct 2018 | By Henry Saker-Clark

The bakery chain co-founded by Great British Menu judge Oliver Peyton has entered administration.

Peyton & Byrne Bakeries

City Snapshot: Peyton & Byrne Bakeries files for administration Subscription

26 Oct 2018 | By Alec Mattinson, Henry Saker-Clark

The bakery chain co-founded by Great British Menu judge Oliver Peyton, Peyton & Byrne Bakeries, has entered administration two years after a previous collapse. Plus all the rest of the latest news from the City.

authentic food

The Authentic Food Co to close Dundalk factory with up to 170 job losses Subscription

23 Oct 2018 | By Henry Saker-Clark

The Manchester-based world food producer has appointed liquidators for its Irish manufacturing arm

Patisserie Valerie

Media bites 18 October: Patisserie Valerie, food inflation, Unilever Subscription

18 Oct 2018 | By Henry Saker-Clark

Bosses of crisis-hit cake chain Patisserie Valerie could be hauled before parliament after a shock £40million black hole was uncovered in its accounts

Sainsbury's Patisserie Valerie

Media bites 15 October: Patisserie Valerie, Young's, Unilever Subscription

15 Oct 2018 | By Henry Saker-Clark

Patisserie Valerie, the British café chain that has found a potential fraud on its accounts, had used up £9.7m on two separate bank credit lines without the board’s knowledge

Patisserie Valerie

Media Bites 12 October: Patisserie Valerie, WH Smiths, Obesity Subscription

12 Oct 2018 | By Henry Saker-Clark

Patisserie Valerie is on the brink of collapse after the café chain’s parent company said it would be unable to keep trading without an immediate injection of capital

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