Draft House Holding Limited (06947531): administration
- Status
- In administration
- Administration began
- 2026-03-02
- Administrators
- Ian Partridge, Clare Kennedy, Benjamin J Browne
- Administrators' firm
- AlixPartners
- Incorporated
- 2009-06-29
- Location
- London
- Industry
- 56302 Public houses and bars
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
3.8 The Group had faced continued pressures in the brewing and hospitality sectors and in September 2025 sought to evaluate the strategic options available to improve the long-term profitability of the BrewDog business.
3.9 The strategic review considered various potential restructuring options as well as a going concern sales process run by Rothchild & Co (the Rothschild Process) which commenced in December 2025. This process ultimately resulted in three non-binding offers being received in mid-January 2026, however it was concluded that these offers were not deliverable on a solvent basis.
3.10 Due to the inability to complete a going-concern sale, combined with increasing liquidity pressures and the absence of any further funding options, PLC instructed AlixPartners to commence an accelerated sales process (the AMA Process) alongside detailed contingency planning in anticipation of a potential insolvency.
Administrators' statement of proposals (2026-03-24) · Companies House register