Beanscene, one of Scotland's leading coffee chains, has been placed into administration, after failing to secure new funding. The company, which has 14 outlets across Scotland and headquarters in Glasgow, has appointed KPMG as the administrators. KPMG said that despite a turnover of £4m, the company had fallen into difficulty when promises of finance from an outside investor were withdrawn halfway through a planned expansion programme, leaving it with five leases on premises that were not trading. Blair Nimmo, head of restructuring at KPMG’s Scotland office and one of the joint administrators, said the company had already received several tentative approaches. Gordon Richardson, the founder of Beanscene, who stepped down earlier in the year after a boardroom split, is understood to be looking at options with a view to reacquiring the business and brand. Nimmo told The Herald: "The opportunity now exists to acquire a strong brand name, based on quality coffee delivery in a relaxed ambience. "We have already had some tentative approaches through phone calls and e-mails. We are fairly confident that we will find a buyer for the business as a going concern. "The most attractive purchase for us would be for someone to buy all 14 units. However, we have to keep all our options open at this stage. The business will be marketed in the next few days." The company was sold to Tinderbox, a local coffee shop rival, in April this year after it was unable to secure backing for its growth plans. All of the group's outlets – six in Glasgow, four in Edinburgh and single units in Ayr, Hawick, Stirling and St Andrews – are continuing to trade as normal.

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