Home Business UK beer, cider and gin maker plunges into administration | UK | News
Business

UK beer, cider and gin maker plunges into administration | UK | News

Share


A beer, cider, and gin manufacturer has collapsed into administration after 11 years in business. Zymurgorium, a Manchester-based alcohol distillery, makes “premium spirits” with “bold flavours and innovative distilling”.

According to the Gazette, Zymurgorium went into administration on March 26 and appointed administrators from MHA in London on April 13. The drinks brand is award-nominated, including the Grocer Magazine Awards in 2024, the People’s Choice Wine Awards in 2021, and the Salford Business Awards in 2019.

Their cocktail bar, Project Halcyon in Manchester, was also named among the top 50 in the UK. Zymurgorium, which is available in Tesco and B&M, have said on their website: “We specialise in an eclectic mix of brews and other unique offerings. Our mission is to provide patrons with exceptional brewing experiences and a journey through diverse flavours.”

This comes after UK business administrations surged by 41% in January 2026, driven by high-street failures, rising wages, weaker consumer spending, and higher operating costs.

Official Insolvency Service statistics show 151 companies entered administration in January, representing a 14% increase compared to January 2025. By late February, insolvency rates remained elevated with significant retail and hospitality pressures.

Sarah Rayment, managing director and global co‑head of restructuring at Kroll, said: “The key question at this point in the year is whether distress and insolvencies will continue to rise given the pressures facing UK businesses. The reality is that every sector will face headwinds this year.”

Todd Davison, managing director at Purbeck Insurance Services, said business failures can also affect company directors personally.

“Many directors will have signed personal guarantees to secure loans, overdrafts or trade finance,” he said, warning that failed guarantees can put personal assets, including property and savings, at risk.

Other brands that have recently gone into administration include National Car Parks (NCP), which has been in business for almost 100 years, and Denby Pottery, which has been trading since 1809 and is known worldwide.

The Express has contacted Zymurgorium and MHA for comment.



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

Fix Auto UK shines at NBRA Green Awards

Fix Auto UK was among the big winners at the seventh annual...

Business

Smart Ways Sole Proprietors Can Fund Business Growth

As a sole proprietor, you have the rare freedom of being your...

Business

UK Car Sales Surge in August to Highest Level Since 2018, ETAuto

Last month, the UK witnessed a remarkable rise in new car registrations,...

Business

How Sustainable Is a Dubai Yacht Charter? A UK Business Buyer’s ESG Framework

For UK SME owners considering a Dubai yacht charter for client hospitality...