Gin firm edges towards administration as it closes Leicestershire distillery
Leicestershire-based Burleighs Gin has temporarily closed its distillery and posted a notice of intention to appoint administrators.
The company, posting on social media earlier this week, said that it is unable to accept orders and that it is postponing all events and Gin Academy sessions in November.
A statement said: “We thank you for your patience and understanding in this matter and will update with more information as soon as we can.
“Ticket holders for the Burleighs Gin Academy will be contacted directly in due course.”
A notice on Burleighs website said that it was unable to take orders “due to unforeseen circumstances.”
It has since emerged that Burleighs Gin posted a notice of intention to appoint administrators through SBP Law. The notice of intention provides a 10-day moratorium from other creditor action and is designed to give a business the opportunity to find a way to prevent entering administration.
Last year, Burleighs secured a £250,000 investment to scale-up its operations and create new jobs through the Midlands Engine Investment Fund. At the time, the company revealed plans to expand into the US.
TheBusinessDesk.com has contacted Burleighs Gin for comment.