Overview
- FRP Advisory appointed joint administrators Philip David Reynolds and Anthony Collier on May 20, and Redemption is listed on the official register of insolvency appointments.
- Administrators say the appointment follows a sustained period of financial pressure and are trading the business while they seek a buyer.
- HM Revenue and Customs filed a winding‑up petition in January that led to a court timetable in February and preceded the administrators’ appointment.
- Company filings show the total deficit grew to £705,111 in 2024 from £632,151 in 2023 and the firm recorded a net loss of £72,960 in the latest year, with long‑term creditor obligations reported at about £426,658.
- Industry groups say the collapse fits a wider ‘survival crisis’ for independent brewers, a trend that risks disrupting supplies to roughly 75 local pubs including The Antwerp Arms and could push venues to buy cheaper global brands or cut jobs.