Tesco's bought the stock and name. Didn't pay paperchase's suppliers though
The original company itself previously went into administration twice and did the same thing. It was featured on an episode of Channel 4's Joe Lycett's got your back.
Patisserie Valerie did it, Theo profiterole did it with La sanza. Put it into administration and bought it all back for £1.
It's alway the public and small creditors and suppliers that get screwed and tax and vat that gets written off.
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Patisserie Valerie did it, Theo profiterole did it with La sanza. Put it into administration and bought it all back for £1.
It's alway the public and small creditors and suppliers that get screwed and tax and vat that gets written off.