Overview
- A Statement of Affairs submitted Monday put the deficit at £778,904.29 and listed just £7,136.67 in readily realisable assets.
- Thirty‑five employees are listed as creditors, with £14,946 for arrears and holiday pay and £203,514 in unsecured claims, while HMRC is owed £96,128.
- Lenders and finance firms are owed significant sums, including £117,863 to Funding Circle and £63,268 to Iwoca, with more due to Capital on Tap, YouLend, Capify and EposNow Capital.
- Liquidators Andrew Little and Gillian Sayburn of Begbies Traynor have disclaimed five Carlisle shop leases, which removes future rent obligations and returns vacant units to landlords.
- The company pointed to higher wages, business rates, energy and ingredient costs plus falling high‑street footfall, ending an eight‑shop presence in Carlisle after a century in business.