Administrators revealed at struggling pub company

Mazars has been named as administrator to Derby-based Real Brewing Pub Company.

Guy Hollander and Adam Harris from Mazars will now look to find buyers for two of the company’s venues, after we revealed yesterday that bosses at Derby Brewing Company had called in administrators because of spiralling HMRC bills.

The move will mean that the company’s two freehold venues The Greyhound on Friar Gate, and Derby Brewing Tap House on Derwent Street will be sold to clear arrears. Both will remain open and be sold as going concerns, with jobs safe, according to the company.

Three of the group’s other sites – The Clubhouse in Derby, The Pig in Lichfield and The Pointing Dogs in Matlock have closed.

A statement from Derby Brewing Company said: “It has been an extremely challenging trading environment over the last couple of years, including the pandemic, increased loan burdens on the back of this, ongoing recruitment challenges, soaring interest rates, supplier cost increases, cost of living crisis resulting in reduced trade and huge increases in the cost base with uncapped energy contracts.

“In spite of these challenges we had a plan in place to continue to steer through this however the business has HMRC arrears predominantly from the pandemic, like many in the industry, the HMRC had been working with us however this recently changed and the debt was demanded to be paid back within a short period, which meant the we could no longer continue to trade.”