January 19th, 2010FletchtheMonkeyBeer news, Breweries, Pubs & bars

Shrouded in uncertainly it’s been a a funny ol’ festive period for Copper Dragon. Since mid December rumours of administration and liquidation have been quietly circulating and the future for Skipton’s growing brewery wasn’t looking bright.

But fresh from the Christmas holidays with their finances restructured Copper Dragon seem to be back on their feet and fighting fit for whatever 2010 can throw at them.

Online business news website The Business Desk and Bradford’s Telegraph and Argus newspaper report that Copper Dragon’s pub business was liquidised in November 2008 throwing the brewery into a turbulent period, during which the administrators were called in on the Friday before Christmas by a high street bank, which is pretty annoying by anyone’s standards. Steve Taylor, the brewery’s founder and MD subsequently took his stake in the company from 75% to 100% after refusing to give up further equity or intellectual property rights.

It’s rarely a good time for a company to go into administration but teetering on the edge of oblivion at Christmas time is particularly unpleasant, with customers looking for mini-pins for parties, pubs filling up for the festivities and staff looking forward to well earned family time. Just getting home in the snow in Yorkshire was bad enough!

So we’re really pleased that it looks like it’s all sorted and that the jobs, brewery, bistro and six of the pubs have been secured, and we look forward to sampling some of the new beers that come out of Skipton’s finest this year.

Beer reviews and words like this

1. Copper Dragon blaze through the credit crunch Okay, I’ll say it: I’m sick of it as well. For well over a year now, we are bombarded with horrendous doom-mongering phrases such as ‘credit crunch’ and people cannot talk about ANYTHING...
2. A night at the Rosebud Just got back from my first Thursday night music quiz night at the Rosebud near Rothwell, South Leeds. The Rosebud is Sam’s local pub, located on a quiet road of houses that overlook...

Tags: Copper Dragon, investment, skipton