Household-owned Redemption Brewing Firm has entered administration. The agency’s belongings are to be offered off by professionals from FRP Advisory.
When it launched in 2010, Redemption Brewing Firm grew to become the primary business brewery to open in Tottenham for nearly a century. Producing a core vary of seven cask ale and three keg beers, together with Large Chief IPA and Trinity pale ale, within the 16 years since, the agency has grown to function a Match Day Taproom when native Premier League facet Tottenham are enjoying at residence.
The award-winning brewer provides over 70 common pubs in and round London and its cask ales are poured at The Antwerp Arms, the oldest working pub in Tottenham.
Latest years have seen the agency battle with rising inflation, together with commerce disruptions such because the pandemic. Because of this, Redemption’s complete deficit hit -£705,111 in 2024, rising from -£632,151 in 2023, company filings present. It recorded a web lack of £72,960 for the newest monetary yr.
A winding up petition – a authorized manoeuvre to claw again unpaid sums due – was subsequently filed towards Redemption in January from the HMRC, with a courtroom showdown scheduled for February 2026. Amid this, FRP Advisory has been tasked with discovering an appropriate purchaser because the agency’s administrator.
Philip David Reynolds and Anthony Collier, each of FRP, will function joint directors for the corporate, whereas Redemption continues to commerce.
An announcement from FRP mentioned its appointment “follows a sustained interval of economic strain on the enterprise… Rising responsibility charges in recent times have positioned a selected burden on unbiased brewers, who face a tougher value setting than bigger nationwide and worldwide opponents.”
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