# S&PB Retail Limited (12570881)

> Why UK company 12570881 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12570881

- **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- Funding withdrawn / unable to refinance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)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12570881/filing-history/MzU0OTUwODkwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12570881

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.