Restaurant owners take to Facebook to express regret at running out of cash

David Atkinson and Gareth Atkinson, The Yorkshire Meatball Company

A restaurant operator that previously blamed an influx of chain businesses to Harrogate for its financial difficulties is now up for sale after going into liquidation.

David and Gareth Atkinson, the father-and-son team behind The Yorkshire Meatball Company, yesterday issued a statement expressing their sadness at having to call in PKF Geoffrey Martin & Co after realising the business couldn’t go on.

The company sold its products through supermarkets and operated a restaurant in Harrogate until late last year.

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Liquidator James Sleight said: “The company’s financial difficulties arose from a culmination of the historic losses from its restaurant operations and insufficient working capital to promote its products to a wider audience.

“Whilst repeat demand for its products was strong and the company had been able to build up a loyal consumer following, it was sadly not sufficient for the supermarkets and all products were withdrawn at the end of September.”

Despite repeated attempts by management to source further investment for the business to build on its initial success, the company ran out of funds and ceased to trade.

“No employees other than management were affected as the company outsourced the majority of its operations,” added Mr Sleight. “We are now concentrating on trying to find a buyer for the company’s brand and business in the hope that this multi award-winning concept can be revived and offered to customers again.”

Mr Atkinson and his son used Facebook to express their “deep sadness” at having to call time on the business.

“We’ve both been working tirelessly over the past twelve months, exploring every possible avenue for additional investment but, unfortunately, we have been unsuccessful,” they wrote.

“To say we’re disappointed to be closing the doors on our ambition would be an understatement. We’ve dedicated almost four years to the development of the brand, and an additional two years planning before launching our Harrogate restaurant in 2014. We’ve worked tirelessly to create an award winning brand with many loyal followers, and truly believe the concept could be successful with further support.”

The pair said they wished to take a final opportunity to thank every member of staff that they have worked alongside and to customers that visited its restaurants or bought its products.

Tags : liquidationPKF Geoffrey Martin & CoRestaurantsThe Yorkshire Meatball Company
Andrew Seymour

The author Andrew Seymour

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