The Garden Cider Company Limited (07457052): administration
- Status
- Administration ended
- Administration began
- 2023-11-22
- Administrators
- Stephen Powell, Simon John Lowes
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2010-12-01
- Location
- Southampton
- Industry
- 11030 Manufacture of cider and other fruit wines
Why it went into administration
- COVID-19
- Rising costs / inflation
- Sustained trading losses
- Energy costs
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was formed in December 2010 by Ben and Will Filby. The idea was to create a company making cider sourced entirely from community donated garden apples. Those who donated the fruit would receive a share of the cider made for free. The Directors had no previous experience in either business or cider making, although had made cider at home. The business was to be a sideline to their existing jobs.
At that time, Ben and Will held 50 shares each. They worked part time and used personal money to fund the business.
The concept was unique in the industry at the time, and the Directors believed the unique nature of provenance and sustainability would give the brand the edge it needed in the market.
Administrators' statement of proposals (2024-01-11) · Companies House register