Swaddle Micro Brewery Limited (10730449): administration
- Status
- Administration ended
- Administration began
- 2023-03-20
- Administrators
- Emma Mifsud, Mark Nicholas Ranson
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2017-04-19
- Location
- Milton Keynes
- Industry
- 11050 Manufacture of beer
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
3.1
3.2
The Joint Administrators were originally approached by the directors on 15 March 2023 with a view to potentially placing the Company into Creditors Voluntary Liquidation. However, due to the building creditor pressure, particularly from HM Revenue and Customs (who had issued a control goods agreement) it was considered that Administration would be the most appropriate course of action to secure the Company's position and assets (preventing further enforcement against the assets and securing them for the benefit of all creditors).
Administrators' statement of proposals (2023-05-19) · Companies House register