Stricken gin firm ‘commencing liquidation proceedings’
The owners of troubled Leicestershire gin distiller, Burleighs, are preparing to liquidate the company, TheBusinessDesk.com understands.
A source has told us that business advisory firm Kirks, which has offices in Exeter and London, has written to creditors saying that Burleighs are “commencing liquidation proceedings”.
The news comes in the week after we exclusively revealed that Burleighs had posted a notice of intention to appoint administrators.
The company, posting on social media last week, said that it is unable to accept orders and that it is postponing all events and Gin Academy sessions in November.
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 both Kirks and Burleighs for a comment, but has, so far, not received a reply.