Historic debts batter popular fish and chip chain as it brings in administrators

A much-loved East Midlands chain of fish and chip restaurants is up for sale after administrators were brought in to find a buyer for the business.

Raj Mittal and Arvindar Jit Singh, partners at ,business advisory firm FRP Advisory, have been appointed as joint administrators to Georges Tradition Limited and Georges Tradition (Belper) Limited.

Georges Tradition Limited operates a chain of seven takeaway, pub and restaurant sites in Allestree, Chellaston, Chilwell, Ilkeston, Long Eaton, Woodlinkin (The Thorn Tree Pub) and West Bridgford. The business also operates a head office in Chellaston and central food processing plant in Ilkeston.

The joint administrators were also appointed to Georges Tradition (Belper) Limited, which operated the Belper takeaway and restaurant site.

Administrators were appointed as a result of historical debts relating to the launch of a restaurant chain, which was subsequently exited. All stores are open and continue to trade while the administrators market the businesses for sale. All 137 staff have been retained.

Mittal said: “George’s Tradition is a much-loved chain of fish and chip shops that has been established in communities across the East Midlands. While the company has faced some historical financial challenges, the remaining business is strong and so we are confident that there will be appetite from potential investors to take the brand forward.”

The sites in Leek and Loughborough, which use the George’s Tradition branding, are owned by separate, independent entities and are not impacted by the administration.