North Brewing Management Limited (14698540): administration
- Status
- Administration ended
- Administration began
- 2024-01-25
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2023-03-01
- Location
- Leeds
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- COVID-19
- Parent or group failure
- Rising costs / inflation
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
NB Management was incorporated on 1 March 2023 and employed 12 members of staff prior to the appointment of the Joint Administrators.
The Company was a non-trading entity.
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2024-02-13) · Companies House register