Fish and chip empire saved as management take control

A popular East Midlands chain of fish and chip takeaways and restaurants has been bought out of administration by its management team.

George’s Tradition was plunged into administration at the beginning of November, when FRP Advisory were brought in to the look after the day to day running of the firm. They found that historic debts had hampered the business.

Now, senior management have bought George’s Tradition, bringing what they call “a wealth of experience in the business and respect for the George’s brand”.

A statement from the new owner said: “This means that we will continue to provide the same great tasting fish and chips using George’s unique recipe batter, potatoes that are grown just for us, and our numerous own recipe products.

Nick Hogan, CEO, said: “It’s fantastic that the business is out of its period of uncertainty, has financial stability, and we can now concentrate purely on providing the best service possible. I was delighted to share this news with our incredible staff before Christmas. They have shown total commitment to the business over the last few months and are an amazing group of people.

“Finally, I’d like to thank our customers, not just for their continual custom but for all their kind words of support.”

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.

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.