The socio-economical head wind post-COVID has been a difficult one to manage for a number of drinks companies, resulting in some of these falling into administration and potentially ceasing to trade altogether. Inflation and rising costs have challenged drinks companies and their business plans more than ever, with changes in consumer behaviour also having an impact.
There are a few companies that have remained solvent and thankfully found new owners or investors in order to continue trading. Below are examples of some Drinks companies gone into administration in 2022 include:
February 2022 – The Illogical Drinks Company
The entrepreneur Eric Sampers, who was behind the company, shared a very candid post on his journey and his learnings which he was happy to share via Inside the Cask – click here to read it.
February 2022 – Silverback Distillers (3 Pugs Gin)
February 2022 – Humber Street Distillery and gin bar
March 2022 – West Berkshire Brewery
April 2022 – Wholesaler Alchemy Drinks
April 2022 – Beatnikz Republic Brewing Co.
April 2022 – Fallen Brewing Co.
May 2022 -Kelham Island Brewery
June 2022 – Trossachs Distillery (McQueens Gin)
June 2022 – Online drinks retailer Spirit.Ed (previously 31Dover)
June 2022 – Online beer retailer HonestBrew
September 2022 – Bella Vista Distillery (trading name: Bottomley Distillers)
October 2022 – Skinner’s Brewery
This is one of Cornwall’s much loved breweries and on a more positive note, it has recently been rescued from administration as reported.
October 2022 – Old Dairy Brewing
October 2022 – Wester Distillery
November 2022 – Sutton Harbour-based wholesale drinks company Total Cellar Supplies Ltd
December 2022 – Twisted Wheel Brew
The Wild Beer Co. brands and IP were acquired by Curious Brewery in early 2023 – click here for more info.
December 2022 – Premium gin shop and bar The Little Gin Shack