Forge Bakehouse Limited - Administration

Forge Bakehouse Limited, a Sheffield-based bakery chain, entered administration on 22 December, after experiencing operational difficulties caused in part by the cost-of-living crisis and rising energy costs. On their appointment as joint administrators, Stephen Beverley and Ryan Holdsworth of Leonard Curtis completed a pre-pack sale to CPLG Ltd (which is led by Forge Bakehouse’s original owner Craig Guest), saving 47 jobs and restructuring the company to prime it for growth in 2024.