Cake Box Holdings, the retailer specialising in egg-free cream cakes, has reported a 14% increase in full-year pre-tax profits to £3.8m, on revenues up 33% from £12.7m to £16.9m. Like-for-like sales in franchised stores rose by 6.5%, down from 15% growth in 2018.
RNS Number: 9040 Q AIM 25 February 2019 NOTICE. NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM- XLON. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
The administrators of bakery chain Patisserie Holding have completed the sale of Baker & Spice to the Department of Coffee & Social Affairs for �2.5m. This follows the sale of Patisserie Valerie and Philpotts which were sold in separate transactions for �13m. As previously announced, Patisserie Holding Plc is scheduled for cancellation on February 25.
Patisserie Holdings (CAKE.L) SUSPENDED Yesterday evening it completed the sale of Baker & Spice to the Department of Coffee & Social Affairs for a total consideration of �2.5m. This follows the announcement of the Patisserie Valerie and Philpotts disposals, which were sold in separate transactions for a combined consideration of �13m. The remaining assets, which were not included in the three separate transactions, will be realised during the administrations. As previously announced, following the loss of its nominated adviser and the appointment of administrators, the Company is provisionally scheduled for cancellation with effect from 7am on 25 Feb 2019. In the circumstances no objection will be made to such cancellation and it is expected that this will proceed at the appointed time.
Patisserie Holdings Plc (CAKE.L) Announced that it completed the sale of Baker & Spice to the Department of Coffee & Social Affairs for a total consideration of �2.50 million. This follows the announcement of the Patisserie Valerie and Philpotts disposals, which were sold in separate transactions for a combined consideration of �13.00 million. The remaining assets, which were not included in the three separate transactions, will be realised during the administrations.
RNS Number: 1566 Q Patisserie Holdings PLC 15 February 2019 Patisserie Holdings PLC- CAKE Disposal. Patisserie Holdings plc announces that yesterday evening it completed the sale of Baker& Spice to the Department of Coffee& Social Affairs for a total consideration of �2.5 m. This follows the announcement of the Patisserie Valerie and Philpotts disposals,...
RNS Number: 0370 Q Patisserie Holdings PLC 14 February 2019 Patisserie Holdings PLC- CAKE Disposal. Patisserie Holdings plc announces today that, following the Company's administration it has today completed the sale of Patisserie Valerie to Dublin based Causeway Capital and Philpotts to A.F.Blakemore for a total consideration of �13 m comprising �10 m...
RNS Number: 8149 N Patisserie Holdings PLC 22 January 2019 For immediate release. The announcement below now includes the quantum of the loan amount. The Chairman Luke Johnson has personally extended an unsecured, interest-free loan of �3.0 million to help ensure that the January wages are paid to all staff working in the ongoing business.
RNS Number: 8150 N Patisserie Holdings PLC 22 January 2019 For immediate release. Patisserie Holdings plc announces today that, following the Company's administration and with mutual agreement of the Board, Canaccord Genuity Limited has resigned as Nominated Adviser and Broker to the Company with immediate effect. RNS is approved by the Financial Conduct...
RNS Number: 8074 N Patisserie Holdings PLC 22 January 2019 For immediate release. Patisserie Holdings plc announces today that, as a direct result of the significant fraud referred to in previous announcements, it has been unable to renew its bank facilities, and therefore regrettably the business does not have sufficient funding to meet its liabilities as...
RNS Number: 5698 N Patisserie Holdings PLC 21 January 2019 For immediate release. Patisserie Holdings plc announces today that, further to the announcement on 16th January, the Company is still in discussions with its bankers to extend the standstill of its bank facilities beyond 18 January and will issue an update when those discussions have concluded.
RNS Number: 3905 N Patisserie Holdings PLC 17 January 2019 For immediate release. Patisserie Holdings plc announces today that Lee Ginsberg, Non-Executive Director and Deputy Chairman, has resigned with immediate effect, in order to focus on his other commitments. The Board would like to thank him for his service..
RNS Number: 3018 N Patisserie Holdings PLC 16 January 2019 For immediate release. Patisserie Holdings plc announces today that, following the announcement on 10th October 2018 which concerned the evidence of fraud, and an emergency fund raising, the Company has appointed a new CEO, a new interim CFO, a new non-executive director, a new commercial director and a...
RNS Number: 0368 N Patisserie Holdings PLC 14 January 2019 For immediate release. Patisserie Holdings plc announces today that James Horler, Non-Executive Director, has resigned with immediate effect, in order to focus on his role as Chief Executive Officer at another business. The Board would like to thank him for his service..
RNS Number: 3067 L Patisserie Holdings PLC 21 December 2018 For immediate release. Appointment of a new NED& Chairman of the Audit Committee. Jeremy is a UK Chartered Accountant and holds a degree in Economics and Economic History from the London School of Economics..
RNS Number: 1836 L Patisserie Holdings PLC 20 December 2018 For immediate release. CORRECTION: Resignation and Appointment of Auditor. The Company has identified an error in the name of the auditor referenced in RNS number 1699 L. The correct auditor name is RSM UK Audit LLP.
RNS Number: 1699 L Patisserie Holdings PLC 20 December 2018 For immediate release. Resignation and Appointment of Auditor. Further to the recent press speculation, Patisserie Holdings plc confirms that it intends to appoint RSM Tenon Group PLC as new auditors in replacement of Grant Thornton UK LLP once the necessary professional processes have been...
Patisserie Holdings (CAKE.L) SUSPENDED Announced that the Company has retained Nick Perrin as Interim Chief Financial Officer. Nick is an experienced and successful Finance Director, most recently of AIM-quoted CVS plc, the leading integrated veterinary services provider in the UK, which saw revenues grow from �110m to �350m during his tenure. Nick has been retained on an interim basis while the Board undertakes a process to appoint a permanent Chief Financial Officer. Mr Perrin is not a member of the Board. Steve Francis, CEO, said: "I am pleased to welcome Nick to Patisserie Holdings. He brings with him the necessary experience to help strengthen the team as the Company works tirelessly to put the events of the past months behind it and look forward to the future."
Patisserie Holdings (CAKE) has appointed Nick Perrin as interim chief financial officer, after its previous CFO Chris Marsh resigned over accusations of accounting irregularities that prompted an investigation by the Serious Fraud Office. Mr Perrin was previously finance director at veterinary service provider CVS Group (CVS). Shares have been suspended at 429.5p since October.
Patisserie Holdings, the troubled company that owns cake shop chain Patisserie Valerie, has appointed Nick Perrin, a former finance director of veterinary services provider CVS, as interim chief financial officer. � The board is continuing to search for a permanent chief financial officer to replace Chris Marsh, who left following the discovery of a �40m accounting black hole at the company. � New chief executive Steve Francis says Perrin brings "the necessary experience to help strengthen the team as the company works tirelessly to put the events of the past months behind it and look forward to the future”.
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Company Profile

Patisserie Holdings is a leading UK branded caf� and casual dining Group offering cakes, pastries, snacks, meals and hot and cold drinks from 138 stores and Flour Power City Bakery in the UK. It operates under the following five differentiated brands across England and Scotland. 1) Patisserie Valerie 2) Druckers - Vienna Patisserie 3) Philpotts 4) Baker & Spice 5) Flour Power City Bakery.

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Locations

HQ
146-156 Sarehole Road
Hall Green
Birmingham
B28 8DT
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