Cellarhead Brewing Company Ltd (10673450): administration
- Status
- Administration ended
- Administration began
- 2024-04-18
- Administrators
- Gregory Andrew Palfrey, Christopher Marsden
- Administrators' firm
- Evelyn Partners
- Incorporated
- 2017-03-16
- Location
- Southampton
- Industry
- 11050 Manufacture of beer
Why it went into administration
- Cash flow / liquidity pressure
- Weak consumer demand
- Energy costs
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 16 March 2017 and operated as a micro brewery. Its stated aim was to cater for every generation and encompass a wide range of beer preferences and styles. During its trading history the company achieved a number industry awards.
The brewery operated from rented premises in a semi rural location under license on a monthly basis. The operating premises comprised the brewery, a tap-room and shop. In addition to the on-site sales the Company sold to trade customers and through online retail sales.
Prior to the Company's administration the Company's directors had been approached about a long-term supply agreement to supply several product lines by one of its significant existing customers. The cost of expanding its production facilities to achieve sufficient scale and restrictions on financial resources meant this opportunity could not be seen through to completion.
Administrators' statement of proposals (2024-06-05) · Companies House register