Jobs lost as bakery runs out of dough

A MANCHESTER bakery which supplied speciality Asian breads and pizza bases to large retailers has ceased trading, with the loss of 18 jobs.

Insolvency practitioner Steven Wiseglass, of Inquesta, has been appointed as liquidator of Euro Bakery Ltd, which operated from premises on Baring Street, near the city’s Piccadilly Station.

He is now aiming to recover money for creditors by selling off plant and machinery.

Euro Bakery, which had been trading since 2006 supplied naans, parathas, rotis and other bakery products, including mini-pizza bases, to retailers such as Tesco, Morrisons and Home Bargains.

After a period of expansion, Euro Bakery began to encounter severe cashflow problems. This meant the business had insufficient money to pay wages and suppliers, or to buy raw materials, and it ceased trading earlier this month.

All of its employees have been made redundant.

Mr Wiseglass said: “Euro Bakery tried to trade through its difficulties but ultimately it became untenable for the business to continue to operate, which has regrettably resulted in 18 redundancies.

“I am now seeking a buyer for the plant and machinery in order to recover money for creditors.”

In 2009 the business was fined £5,000 after council environmental health officials found rat droppings in the building.