O/T Brick Brewery

[Roger D]

Potentially sad news for Brick (and Brew by numbers.) I usually headed to Brick when visiting the Hill and often saw Hamlet fans there.

Brew By Numbers and Brick Brewery to call in administrators

UK craft breweries Brick Brewery and Brew By Numbers have both signalled their intent to appoint administrators.

www.just-drinks.com

 

[scousedom]

Potentially sad news for Brick (and Brew by numbers.) I usually headed to Brick when visiting the Hill and often saw Hamlet fans there.

Brew By Numbers and Brick Brewery to call in administrators

UK craft breweries Brick Brewery and Brew By Numbers have both signalled their intent to appoint administrators.

www.just-drinks.com

I knew about BBNo as I bought a few shares a few years back. They’ve put a restructure to their shareholders. I think it basically wipes us out. I’ll be honest I didn’t pay that much attention as since they closed that taproom on Bellenden I stopped really being interested in them. I’d be far sadder to see Brick go.

 

[Pink Panther]

I knew about BBNo as I bought a few shares a few years back. They’ve put a restructure to their shareholders. I think it basically wipes us out. I’ll be honest I didn’t pay that much attention as since they closed that taproom on Bellenden I stopped really being interested in them. I’d be far sadder to see Brick go.

I hadn't realised BBNo had closed their Peckham taproom. I never got around to visiting in the end but I only live about 200 yards from their main site at Bermondsey, which is one of half a dozen taprooms in the railway arches on Enid Street. They don't seem to brew as many beers as they used to and I don't visit very often these days.

I do like Brick beers and they've been regular supporters and suppliers of the Hamlet for the best part of a decade now. I sometimes make a detour home via Peckham Rye Station on a Thursday or Friday evening to have a couple of pints there. I certainly hope they can survive this.

 

[Don't Slow Down]

Potentially sad news for Brick (and Brew by numbers.) I usually headed to Brick when visiting the Hill and often saw Hamlet fans there.

Brew By Numbers and Brick Brewery to call in administrators

UK craft breweries Brick Brewery and Brew By Numbers have both signalled their intent to appoint administrators.

www.just-drinks.com

Brick have replied to a similar article on Twitter and have said it's business as usual, still brewing, nothing changing and to adjust article and remove them from it.

 

[scousedom]

I hadn't realised BBNo had closed their Peckham taproom. I never got around to visiting in the end but I only live about 200 yards from their main site at Bermondsey, which is one of half a dozen taprooms in the railway arches on Enid Street. They don't seem to brew as many beers as they used to and I don't visit very often these days.

I do like Brick beers and they've been regular supporters and suppliers of the Hamlet for the best part of a decade now. I sometimes make a detour home via Peckham Rye Station on a Thursday or Friday evening to have a couple of pints there. I certainly hope they can survive this.

Last time I went, thinking it would be BBNo, it was a Gosnells taproom (I think that was the name, the mead guys who used to be on the estate up the road). So if that’s your thing you could still go and see the venue.

 

[Roger D]

I'd be surprised if a respected website has gone to print with a story someone has filed notice to appoint an administrator without hard proof. That could be a very costly error. The article even cites the dates of the applications. At this stage I would expect Brick still to be brewing, they will be looking to sell on as a going concern/ maximise income.

Hopefully it is an error by the journalist. We shall see. An absolute howler if it is.

It should be stressed this is seemingly an application to file an administrator. They are not saying Brick are in administration.

There's been a fair few pre-pack administrations among brewers recently. It's quite possible one or both could survive - assuming the article is correct about Brick.

 

[scousedom]

I’d imagine they will pre-pack. The BBNo one seemed pretty oven-ready by the time it got to me. I’ll try and dig out the email.

 

[pompeydunc]

Brick have replied to a similar article on Twitter and have said it's business as usual, still brewing, nothing changing and to adjust article and remove them from it.

No, they replied to a tweet that said they are closed, which of course they have not. They have definitely applied for administration, but this could be a ploy to hold off creditors, and give themselves to restructure or attract finance.

 

[pompeydunc]

I’d imagine they will pre-pack. The BBNo one seemed pretty oven-ready by the time it got to me. I’ll try and dig out the email.

Yep, I got stung by Redchurch. They went as far as liquidating to get rid of small investors and then emerged as a NewCo with same (or similar?) owners. Frankly, it stinks that companies can do this.

 

[scousedom]

Yep, I got stung by Redchurch. They went as far as liquidating to get rid of small investors and then emerged as a NewCo with same (or similar?) owners. Frankly, it stinks that companies can do this.

BBNo wiped out anyone at or under £100. That was what I’d gone in at. In fairness it was a Xmas present kind of thing as for that you got some beers and a tour and stuff. But it was a shit attitude to adopt and my response now is to boycott them.

 

[Pink Panther]

Yep, I got stung by Redchurch. They went as far as liquidating to get rid of small investors and then emerged as a NewCo with same (or similar?) owners. Frankly, it stinks that companies can do this.

Funnily enough they've forgotten to mention that bit on their website.

About Redchurch

About Redchurch. Independent, SALSA accredited, award winning UK brewery. Specialising in Redchurch brand plus contract brewing and white labelling.

redchurch.beer

Their beers were really good when they first started and they were one of the first breweries to use the key-keg system with beer in a vacuum bag inside a protective case. I haven't seen their beers for a few years now and hadn't realised they'd moved to Harlow.

 

[Cat Daisy]

Brick Brewery taproom open today. Foregone my DHFC discount on my beer on basis they might need it more than me. Hope it is still here for next season.

 

[pompeydunc]

Funnily enough they've forgotten to mention that bit on their website.

About Redchurch

About Redchurch. Independent, SALSA accredited, award winning UK brewery. Specialising in Redchurch brand plus contract brewing and white labelling.

redchurch.beer

Their beers were really good when they first started and they were one of the first breweries to use the key-keg system with beer in a vacuum bag inside a protective case. I haven't seen their beers for a few years now and hadn't realised they'd moved to Harlow.

Original liquidated company here THE REDCHURCH BREWERY LIMITED overview - Find and update company information - GOV.UK

NewCo is here - REDCHURCH (LONDON) BREWERY LTD overview - Find and update company information - GOV.UK

Short twitter thread here - and

 

[scousedom]

As if in response to this thread, got this through today from BBNo. Didn’t have it all their own way. And the alternative might not completely wipe out small shareholders from the sounds of it.

Dear Shareholder,

I sincerely apologize for the delay in providing an update on the pre-pack sale and our bid to buy back the old company. Unfortunately, we were not successful in our attempt as there were multiple competitive offers, and I later discovered the use of EIS for the New Co was not possible. We really appreciate all those who pledged for the sale, and your continued support is highly valued.

Despite the setback, we are delighted to share some positive news with you. We are currently in advanced talks with a group of investors, including one who previously invested through our crowdfunding round. They are all fans of BBNo and along with investment, they will provide financial expertise to support our future success.

As part of this deal, we intend to offer equity warrants to our crowdfunding shareholders, which will allow you to maintain a stake in the new company while reclaiming against your EIS loss. We are still in the process of finalising the details, but we believe this is an excellent opportunity for you to be a part of BBNo's future.

I will keep you informed of any further developments as they happen, and we all appreciate your ongoing support during this transitional period. You can fund out more about the latest business update here...

Thank you for your patience and continued support.

Cheers,

Tom Hutchings
Managing Director
www.bbno.co
02072379794

Brew By Numbers Ltd
Southern Warehouse, Morden Wharf Rd, London SE10 0NU