BILLSON’S Beverages has entered voluntary administration, with proprietors Nathan Cowan and his wife Felicity making the announcement on Wednesday.
They have appointed Rob Smith and Matthew Hutton from McGrathNicol as administrators to help them through a deterioration of market conditions.
The maker of non-alcoholic cordials and premixed alcoholic drinks on social media said “incredible business growth” that masked several mistakes with their systems and processes was the reason for the decision.
Mr Cowan said, “After some incredibly successful years, Billson’s has encountered some severe growing pains and a raft of unforeseen challenges over the past six months resulting in a need to restructure”.
It comes after Billson’s…