Dunscar Bridge Brewery Ltd (06636724): administration
- Status
- Administration ended
- Administration began
- 2018-09-26
- Administrators
- Dean Watson, Ian Mcculloch
- Administrators' firm
- Begbies Traynor
- Formerly
- Convivial PUB Company Ltd
- Incorporated
- 2008-07-02
- Location
- Preston
- Industry
- 11050 Manufacture of beer
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 02 July 2008 by Debra and Jeremy Jones (‘former directors”) for the purpose of manufacturing beer under the name Convivial Pub Company Ltd. On 014 April 2011, the name of the Company was changed to the present name, Dunscar Bridge Brewery Ltd.
In 2014 Glenn Jones (“current director”) and Christopher Kirk were appointed as directors. The directors believed that they would be able to establish the Company and increase turnover. However the Company has been loss making and despite the best efforts, amending the brewing process and website changes, the Company continued to make a loss. In mid 2018, the directors approached Eddisons Commercial to market the business for sale. A marketing period of two months was agreed on. Unfortunately no significant interest was received beyond initial expressions of interest.
After a period of marketing, the director and shareholder advised that he was no longer in a position to continue funding the losses of the Company. A decision was made to seek advice regarding the next course of action.
Administrators' statement of proposals (2018-12-05) · Companies House register