Brewing and Distilling Company Limited (08744314): administration and why it failed

Brewing and Distilling Company Limited (08744314): administration

Status: Administration ended
Administration began: 2022-06-01
Administrators: James Miller, Lee Van Lockwood
Administrators' firm: RSM
Incorporated: 2013-10-23
Location: Leeds
Industry: 11050 Manufacture of beer

Why it went into administration

COVID-19
Weak consumer demand
Funding withdrawn / unable to refinance
Sustained trading losses

From the administrators' statement

Relevant extracts from the company’s unaudited financial statements and management accounts are summarised below.

Period ending 2019 2020 2021 Turnover 1,854 2,173 1,694 Gross profit 709 710 580 Net profit / loss (378) (395) (543) Dividend paid ENil ENil ENil

Administrators' statement of proposals (2022-07-12) · Companies House register

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