All Finance articles – Page 47
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NewsPatisserie Holdings reveals winding up petition over £1.1m tax bill
The board of Patisserie Holdings has revealed a winding up petition relating to a £1.1m unpaid tax bill.
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News
Burning Issue
As Burning Night goes into administration, MCA news editor Finn Scott-Delany looks at its track record of raising investment, and asks whether more accountability is needed to protect investors in crowdfunding campaigns.
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NewsPatisserie Valerie owner faces crisis 'over £20m accounting hole'
Patisserie Holdings, the owner of Patisserie Valerie, has suspended its shares from trading on AIM after uncovering “significant, and potentially fraudulent, accounting irregularities”.
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NewsCity Pub Group raises £6.2m though Placing
City Pub Group has raised £6.2m through a share placing as it seeks to capitalise on opportunities in a “softening acquisitions market”.
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NewsBurger & Lobster posts £2.4m profit
Burger & Lobster recovered from a £10m loss in 2016 to post a £2.4m profit in 2017.
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NewsOrange Buffalo launches Kickstarter, opening in Tooting
The Orange Buffalo, the New York style wings concept, has launched a £40,000 Kickstarter campaign to fund its debut bricks and mortar site in Tooting.
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NewsRed Oak Taverns secures £42m fund from OakNorth
Red Oak Taverns, operator of 161 pubs, has secured a £42m refinancing and acquisition package with OakNorth, MCA has learnt.
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News
Orange Brands eyes Duck & Waffle Local expansion
Orange Brands Management, the operator of SushiSamba and Duck & Waffle, sees opportunities for further sites of Duck & Waffle Local format in London, MCA has learnt.
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NewsBrewDog to close Equity for Punks V on £23m
BrewDog is set to close its fifth Equity for Punks crowdfunding round next week, after raising £23m over the past year.
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NewsDeliveroo pre-tax losses increase to £184m
Deliveroo’s pre-tax losses increased to £184.7m in 2017 – up from £129.1m in 2016 – as it invested an additional £106m in the business.
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News
Mildreds and Encore Capital deny sale report
Reports that Encore Capital has acquired vegetarian restaurant group Mildreds has been denied by both parties.
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NewsInverleith takes majority stake in Planet Organic
Scottish-based investment fund Inverleith has acquired a majority stake in supermarket and food-to-go chain, Planet Organic, in a deal thought to be worth £15m.
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NewsFive Guys secures new £100m facility
Five Guys has secured a new £100m banking facility through Goldman Sachs as it seeks further growth across the UK and Europe.
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NewsApplegreen share placing raises £156m
Applegreen, the service station retailer, has raised £156m through a new share placing to part-fund the acquisition of Welcome Break.
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NewsAllplants secures £7.4m funding
Allplants, a UK-based vegan meal delivery start-up, has secured £7.5m investment led by Octopus Ventures.
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NewsComptoir losses trimmed to £420k
The Comptoir Group made losses of £421,096 in the half year to 30 June 2018 – down 20.7% on the previous half year.
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NewsFlight Club secures £15m of growth funding
Flight Club, the social darts concept, has secured £15m of new growth funding as it looks to further expand its core brand and launch a new concept called Electric Shuffle..
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NewsDoCaSA lines up seven more
The Department of Coffee and Social Affairs (DoCaSA), the speciality coffee shop group, has seven more stores under construction, which would take its UK estate to 26.
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NewsNavitas secures £745k investment
Navitas, the health and safety solutions provider, has secured £745,000 of equity investment from the Midlands Engine Investment Fund (MEIF) and Foresight Group.
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NewsDowning confirms multi-million investment in Apprise Pubs
Downing LLP has confirmed a multi-million pound investment in Apprise Pubs Limited, as first reported by MCA in March.