All Finance articles – Page 50
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NewsPatisserie Holdings: winding up petition against Stonebeach dropped
Patisserie Holdings has announced that the winding up petition against Stonebeach Limited, its principal trading subsidiary, was dismissed by the High Court of Justice, Business and Property Courts on 23 October 2018.
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NewsManjit's Kitchen secures £40k in Kickstarter campaign
Manjit’s Kitchen, the Leeds based Indian street food concept, will open its first bricks and mortar site after securing £40,000 funding on Kickstarter.
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NewsLivelyhood reports profits up 30%
Livelyhood, the five-strong London pub group, has announced total turnover of £5.9m for the full year ending 31 July 2018 – up 29% on the previous year.
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Johnson under pressure to launch independent investigation
Luke Johnson is under pressure to give up control of an internal investigation into a £40m hole in Patisserie Valerie’s accounts over concerns that the review is not sufficiently independent.
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NewsProtein Haus bought out of administration
Protein Haus, the healthy eating grab and go concept, has gone into administration and been sold in a pre-pack.
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NewsSourced Market launches £750,000 Crowdcube campaign
Sourced Market, the hybrid London-based concept, has raised 85% of its £750,000 Crowdcube campaign within the first 24 hours.
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NewsPatisserie Holdings raises £15.7m through Placing
Patisserie Holdings has raised £15.7m through a share placing and secured a further £10m loan from chairman Luke Johnson.
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NewsPatisserie Holdings FD arrested
PwC is believed to be working with Patisserie Holdings ahead of a possible administration, which could come as early as today.
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NewsChilango launches £1m bond
Mexican quick-service chain, Chilango, has announced the launch of second Burrito Bond.
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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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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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Mildreds and Encore Capital deny sale report
Reports that Encore Capital has acquired vegetarian restaurant group Mildreds has been denied by both parties.