Redandwhitedust
Winger
Just heard they've gone into administration.
Shame because they do some canny beer!
Shame because they do some canny beer!
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
They had it up for sale for a number of months but had no takers apparently, not even some of the bigger brewers which is strange as the beer was decent. They have form for this as they did it years ago in some kind of tax fudging move. Went into adminsitration then a phoenix appeared from the flames with the same management and same premises and same beerJust heard they've gone into administration.
Shame because they do some canny beer!
Hopefully the pub is ringfenced from the brewery company?They had it up for sale for a number of months but had no takers apparently, not even some of the bigger brewers which is strange as the beer was decent. They have form for this as they did it years ago in some kind of tax fudging move. Went into adminsitration then a phoenix appeared from the flames with the same management and same premises and same beer
They wont have to worry, they opened a new pub in Newcastle and its rammed every day so they will be cashing in on that
Yeah seperate entity.Hopefully the pub is ringfenced from the brewery company?
Shame to see any local brewery going under though.
Surely it’s only the beer names and recipes that are really of any value to bigger brewers? As they’d no doubt move production to their facilitiesYeah seperate entity.
There must be some issues not known if there was no interest at all from other breweries
They buy a lot of small breweries and leave them running in their existing sites. Allows them to maintain the micro brewery concept while having the backing of a large brewer/drinks company.Surely it’s only the beer names and recipes that are really of any value to bigger brewers? As they’d no doubt move production to their facilities
Surely it would depend on profitability though if this brewery just isn’t selling enough to make it viableThey buy a lot of small breweries and leave them running in their existing sites. Allows them to maintain the micro brewery concept while having the backing of a large brewer/drinks company.
Fullers/Marstons do a lot of it this way
I'm sure they cut costs in things like IT, payroll, corporation tax and they will leverage their buying power to make it more profitable.They buy a lot of small breweries and leave them running in their existing sites. Allows them to maintain the micro brewery concept while having the backing of a large brewer/drinks company.
Fullers/Marstons do a lot of it this way
Exactly, like i said above there must have been issues behind the scenes as to why nobody wanted to touch it.Surely it would depend on profitability though if this brewery just isn’t selling enough to make it viable
True its in the interests of the big brewery to swallow up the smaller ones while allowing them to maintain the "microbrewery" statusI'm sure they cut costs in things like IT, payroll, corporation tax and they will leverage their buying power to make it more profitable.
Smaller breweries can benefit from the reduced tax on beer too, although I'm not sure how easy that is to work around with parent companies...
they clearly had lost interest, or there is another tax bill coming like in 2007 and they bailed.Looks like it was making about £200k a year.
I'm sure they cut costs in things like IT, payroll, corporation tax and they will leverage their buying power to make it more profitable.
Smaller breweries can benefit from the reduced tax on beer too, although I'm not sure how easy that is to work around with parent companies...
I do know a bit and have known this was coming for months now. I don't want to get too heavily involved in the thread but the debts are absolutely mindboggling.Exactly, like i said above there must have been issues behind the scenes as to why nobody wanted to touch it.
Someone in the know might have heard @Slow joe the craic properly
True its in the interests of the big brewery to swallow up the smaller ones while allowing them to maintain the "microbrewery" status
Out of workie tickets.Workie tickets
I do know a bit and have known this was coming for months now. I don't want to get too heavily involved in the thread but the debts are absolutely mindboggling.
Would of thought the pub would if made a thing of selling their beerThey had it up for sale for a number of months but had no takers apparently, not even some of the bigger brewers which is strange as the beer was decent. They have form for this as they did it years ago in some kind of tax fudging move. Went into adminsitration then a phoenix appeared from the flames with the same management and same premises and same beer
They wont have to worry, they opened a new pub in Newcastle and its rammed every day so they will be cashing in on that
I dont like Sonnet beersWould of thought the pub would if made a thing of selling their beer
Reached peak ale
Sonnet 43 will be the next to pull out of brewing