A well-known York business that went into liquidation has been saved and is now trading under new owners.
Rafi’s Spicebox is still operating from its Goodramgate shop following a restructuring deal designed to secure its long-term future.
The original owners appointed insolvency practitioners from BTG Begbies Traynor on 29 June to oversee a company voluntary liquidation.
A statement of affairs published by BTG on Saturday (22 August) showed Rafi’s Spicebox Limited owed £523,442 to 13 creditors.
This included £77K to credit company Capital On Tap and £238K to business loans firm Iwoca Ltd.
But all local suppliers were paid up to date.
BTG said that, after exploring options to rescue the…