The Big Bog Brewing Company has entered administration, with the firm appointing administrators and putting all its assets up for sale.
Senior Journalist, covering the Credit Strategy and Turnaround, Restructuring & Insolvency News brands.
Senior Journalist, covering the Credit Strategy and Turnaround, Restructuring & Insolvency News brands.
Originally founded in North Wales before moving to Liverpool in 2016, the firm has brought Neil Henry of Lines Henry to run the administration process.
Commenting on the closure, Henry said the higher price of materials and lower sales due to an increase in pub closures meant the brewery faced financial difficulties.
He went on the say: “All this has meant that, despite producing a product that has won many awards and accolades, the business could not continue and has had to close.” Following the collapse, the firm’s assets will be sold and interested parties have been advised to contact the administrator.
All this comes after Big Bog’s most recent accounts – for the year ending July 2022 – said its total assets were worth just over £95,000. However, the company owed significant amounts to creditors at the time, reporting net liabilities amounting to just under £52,000.