S&PB Retail Limited (12570881): administration
- Status
- In administration
- Administration began
- 2026-09-15
- Administrators
- Richard Oddy, Gareth Harris, James Woodhead
- Administrators' firm
- RSM
- Formerly
- Sayers and Poundbakery Retail Limited
- Incorporated
- 2020-04-24
- Location
- Leeds
- Industry
- 47240 Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Why it went into administration
- Rising costs / inflation
- Cash flow / liquidity pressure
- COVID-19
- Weak consumer demand
- Funding withdrawn / unable to refinance
From the administrators' statement
Relevant extracts from the company’s financial statements and management accounts are summarised below.
£000 Period ending FY23 FY24 FY25 FY26 Revenue 42,989 41,118 41,453 35,636 EBITDA 562 (559) (199) (1,861) Net Assets (484) (1,161) (1,562) (3,201)
Administrators' statement of proposals (2026-10-16) · Companies House register