Yorkshire Dales Food and Drink Festival

Yorkshire Dales Food and Drink Festival enters liquidation – buyer wanted

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Events By B3, which organises and runs The Yorkshire Dales Food and Drink Festival, has ceased trading with immediate effect and will enter liquidation. Jonathan Amor and Richard Oddy, licensed Insolvency Practitioners with Azets, have been engaged to manage the CVL (Creditors Voluntary Liquidation). The festival is now up for sale and the proposed joint liquidators are urging interested parties to make contact as soon as possible to maximise the chances of securing the future of the festival.

Founded in 2015, the three-day Yorkshire Dales Food and Drink Festival expanded rapidly and now occupies a substantial site at Funkirk Farm, near Settle. The festival, which is held during the third weekend in July attracts more than 30,000 visitors, 200 exhibitors and offers a diverse schedule of bands, street food, pop-up restaurants, workshops, food tasting and masterclasses from leading food and drink celebrities.

In 2023, the event was seriously affected by flooding which led to unforeseen costs making the event loss making. This had a major impact on cash flow in the latter part of 2023, which continued into 2024. With ticket revenue being behind where it should be at this time of year, the difficult decision has been taken by the directors to cease trading.

Amor said: “The Yorkshire Dales Food and Drink Festival is the largest event of its kind in the UK and regarded for the contribution it makes to the local economy. Unfortunately, the business has been suffering from unsustainable financial problems and the directors decided that it would be in the best interests for all creditors for the company to cease trading and be placed into liquidation.

“The festival has now ceased trading and steps will be taken to market the assets for sale including the brand, intellectual property, digital platform, data and essential infrastructure such as marquees, tents and staging. We ask that interested parties contact the Leeds office of Azets as soon as possible.”

Unless an interested party comes forward to resurrect the festival unfortunately the event in July will not take place.