Coffee chain Puccino’s puts out fantastic adverts
... but falls into administration anyway!
By Insolvency News, 21 December 2009.
Posted in Appointments
Coffee kiosk and cafe operator Puccino’s Ltd has gone into administration, following the sale of leases for 43 of its units to Puccino’s Worldwide. Its 29 remaining units ceased trading immediately.
The administration comes despite some refreshing honesty from the company:
Puccino’s, which previously had 86 coffee kiosks and cafés, entered into an agreement with Puccino’s Worldwide on 8 December 2009, said administrator Tenon Recovery.
Kenny Craig & Tom MacLennan of Tenon Recovery were appointed as joint administrators of Puccino’s Ltd on 10 December 2009.
Comments What do you think?
Bob Jones | 17:50 8 January 2010
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