Isaac Poads in receivership

truthwillout

New Member
As this is a farming forum, designed to support and help farmers I feel like its only fair everyone knows the facts with regards Isaac Poads Grain and the administration it is now in.

The owner did know this was coming and has done for quite some time, some would even say it was very carefully planned. People that worked there knew there was a financial strain on the firm especially when the brewery owed the grain firm upwards of £80,000 however for them sadly they did not know the way the owner was going to fold until the day everyone else did, they themselves are owed money and lost jobs.

It is confusing however that the brewery has still been allowed to work from the site and use equipment owned by the grain side, something the administrators will hopefully sort out.

It is a fact that the grain trade is a much harder business to be in nowadays but the blame for Isaac Poad folding can only be put at one persons door. The payments to farmers got later and later which is way some stopped trading with them altogether, yet the whole time a new business was set up and money thrown at it left right and centre, even down to paying some of the brewery staff wages...this is not right!

As for brewing when they first started all there beer was brewed by someone else brewery in the Wolds, however as of late they still use them for the main beers but they do smaller batches of beer using a small brewery near the A1 and have there brewer goes in and brews these batches.

I feel like a lot of people have been done over by the owner of this firm and the saddest part is these are people who were loyal to the company and had a lot of trading history with them, what a slap in the face this is. To add insult to injury he stands on the brewery stand in York food festival promoting the beer and gin after this as bold as brass with the tag line 'from grain to glass'. They also promote everywhere that they are proud sponsors of York city knights rugby league team, how can they afford to do this when they do not cover there bills and have paid a part in the bringing down of the oldest company in York!! I really do hope he can sleep at night as I know a lot of farmers and small family business that thanks to his selfish actions will not and may not even recover from this.

In my view the brewery does not deserve to continue trading and he defiantly does not deserve a success.
 

Hooby Farmer

Member
Livestock Farmer
Location
roe valley
All you can do is keep the fingers crossed and hope you can get some if not all the money. We have been there before. We were caught for 50k never seen a penny, it's a bitter pill to swallow.
 

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