Lincoln’s gin festival at the Engine Shed this summer has been cancelled after GinFestival.com went into administration.
The company said it would not be able to reimburse ticket holders for the event, which was due to return between August 3 to 5 2018.
As previously reported, Lincoln hosted the event created by husband and wife team Jym and Marie Harris for the first time in the summer of 2017.
Insolvency practitioners from Begbies Traynor were appointed as administrators to Gin Festival Limited, which was trading as GinFestival.com, on July 5 2018. No offers have been forthcoming and a closure administration will take immediate effect.
Julian Pitts and Nick Reed have been appointed as joint administrators.
All 27 members of staff employed by the business will be made redundant and the entire programme of 20 gin festivals planned for the coming months has been cancelled – Lincoln among them.
This includes this weekend’s Gin Festival Norwich, which was sold out for three out of the four planned Friday-Sunday sessions.
The company said it is not in a position to reimburse ticket holders.
The Lincoln event’s Facebook listing shows over 4,000 people had logged their interest in the festival.
It’s unclear how many tickets had been sold.
Julian Pitts of Begbies Traynor said: “It’s a huge shame that Gin Festival.com has been placed in administration. The loss of jobs is always extremely disappointing and in this case approximately 20,000 tickets have also been sold for forthcoming events which will not be reimbursed as part of the administration process.
“Anyone who has purchased tickets for any of the events organised by GinFestival.com would be best advised to check with their credit or debit card provider as to whether they may be covered for the loss under the Chargeback system.
“Our aim was, of course, to find a purchaser for the business as a going concern in order to safeguard the jobs, but unfortunately, despite our efforts, this did not prove possible.
“We are now in the process of releasing what assets we can in order to achieve the best possible returns for creditors.”