For the second time in as many years the business has been forced to enter administration following a previous pre-packaged deal with Greybull Capital in 2012.

Although 15 locations have already closed, it is believed the business will continue to trade for the time being whilst the options available to achieve the best result for creditors are considered fully.  This could include marketing the business for sale, however the previous owners had sought a buyer earlier this year, without success.




Source: Insolvency News