[arista]

Expensive cakes


The company has failed to do the Company books correct
tomorrow is the day it may go into admin


[It was not immediately clear whether stores would be able to remain open for the
time being or what the future would hold for the company's 2,500 staff.]
https://news.sky.com/story/patisseri...epens-11523503

[Vanessa]

Oh, i love their cakes.

[arista]

Originally Posted by Vanessa

Oh, i love their cakes.

If only they did their Company books correct
the are short on Cash.
Sadly some workers may not even get paid

[Patisserie Holdings - which had a market value of nearly £450m
before shares were suspended this week - operates from more than 200 stores.]

[Northern Monkey]

Meh,Gi me a Greggs over that pompous tripe any day

[Cal.]

MEss Daniel-X works here!

[Vanessa]

I used to work there, ages ago.

[Cherie]

Originally Posted by Cal.

MEss Daniel-X works here!

Noooooooooooooo

[arista]

Originally Posted by Cal.

MEss Daniel-X works here!

Some stores are still open today
although they know the news media
no Manager at head office has said anything.


Ch5HD news was outside a London store
open with many customers
but staff were afraid to talk on camera.

[arista]

Some good news:

[Patisserie Valerie chair stumps up £20m to avert financial collapse
Hours after its finance director was arrested on suspicion of fraud, the troubled chain's chairman stumps up a £20m rescue fund.]




https://news.sky.com/story/patisseri...lapse-11524476


[Hertfordshire Police said: "A 44-year old man from St Albans has been arrested
on suspicion of fraud by false representation.
"He has been released under investigation."
The Serious Fraud Office (SFO) later added:
The SFO confirms that its director has opened
a criminal investigation into an individual.]


[Outstanding liabilities including a £1.1m tax bill owed to HM Revenue & Customs.]
PAY UP

[Crimson Dynamo]

never heard of this shop

[arista]

Originally Posted by LeatherTrumpet

never heard of this shop

There is one in Aberdeen
after 2006 they expanded all over he UK

https://www.patisserie-valerie.co.uk/aberdeen-cafe.aspx
The Scotland store

[arista]

No Bank could sort out the accounts
A Great place they took lots of Cash.


https://news.sky.com/story/patisseri...ation-11614744

[Marsh.]

Danni X took all their profits with him to Boots?

[hijaxers]

Well i've never seen a Pat Val shop in my life so its no loss to me, don't do cake shops anyway.

Gimme a burger and sod 2 million calorie cakes

[Livia]

I'm with LT and Hijaxers... Never consciously noticed one of these shops and definitely never been in one.

[Daniel-X]

Originally Posted by Marsh.

Danni X took all their profits with him to Boots?

They evicted all the staff from my old shop this morning and changed the locks

Do feel really sad for all my ex-colleagues who have lost their jobs but it was brewing for a while

[arista]

Originally Posted by Daniel-X

They evicted all the staff from my old shop this morning and changed the locks

Do feel really sad for all my ex-colleagues who have lost their jobs but it was brewing for a while

Yes its a shame
the bosses never got all their Cash
Books sorted

[arista]

There one last chance
with the Fat Boss of Sports Direct.

https://news.sky.com/story/patisseri...chain-11631863


[Patisserie Valerie: Sports Direct offers
to buy collapsed bakery chain
Founder of Sports Direct Mike Ashley
is hoping to add to his expanding
high street empire by making a offer to rescue the chain.]

[arista]

They rejected Sports Direct
and took this Irish Group

[Patisserie Valerie has been bought
out of administration after
alleged fraud tipped it to collapse last month.
Irish-based Causeway Capital Partners
said it had bought a "heritage brand" through
its deal with administrators - supported by members
of the chain's management team.
The new owners said they hoped to keep all 96 sites open.]


https://news.sky.com/story/patisseri...ation-11637006