Begbies Traynor Group

Derbyshire microbrewery bought out of administration

Date Published: 21/08/2018

On 10 August 2018, Claire Dowson and Gareth Rusling of Begbies Traynor in Sheffield were appointed as joint administrators of Raw Brewing Company Ltd and the company was immediately acquired by Silver Brewhouse Limited.

Based in Staveley near Chesterfield, the company was incorporated in 2009 as a five‐barrel brewery. It underwent expansion in 2012 and by 2017 had grown further with the purchased of a 15 barrel brewing plant. Whilst increased production led to higher turnover, it also increased HMRC liabilities arising from Beer Duty Levy, subsequently causing cashflow difficulties.

The business and assets have been acquired in a pre‐pack sale, saving the company’s two employees’ jobs.

Joint administrator Claire Dowson said: “It’s good news for creditors, staff and customers that the business will continue to trade and now has a more secure future.”

About The Author

Meet the Team

Following graduation from the University of Hull, Julian qualified as a Chartered Accountant with Coopers & Lybrand in Leeds. In 1989  he was the joint founder of Wilson Pitts, a specialist independent practice dealing with all aspects of insolvency and corporate recovery work.  Subsequently in 2006, the Wilson Pitts practice was acquired by Begbies Traynor where Julian is now the Regional Managing Partner for the North-East region.

Julian has significant experience in advising SMEs and their stakeholders, seeking innovative solutions to financial challenges.

With family roots in Devon, Julian has been a life-long supporter of Plymouth Argyle and he also spends time rallying a Mk1 Lotus Cortina as well as trying to reduce his golf handicap.

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