Cupcake queen is declared bankrupt

Amanda Perry, owner of Fancie Cupcakes whoa re based in Sheffield
Amanda Perry, owner of Fancie Cupcakes whoa re based in Sheffield
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Sheffield cupcake queen Amanda Perry has gone bankrupt after being unable to pay debts following the liquidation of Fancie.

It was declared at Sheffield County Court almost a year after Fancie went into liquidation for the first time.

Although about £250,000 was written off in that move, it is believed she had personally guaranteed some of the debts involved .

And they dogged her throughout the time she relaunched the company, as FC&Co, and ran it until it too collapsed into liquidation with debts of £100,000 shortly after Christmas.

When someone goes bankrupt their assets are sold to pay debts, their bank account is frozen and they must give the official receiver bank and credit cards and cheque books for any accounts they are no longer allowed to use.

It is also a criminal offence to act as a director, or manage a company without the court’s permission and without telling people you do business with you’re bankrupt.

Amanda Perry, of Fossdale Road, Carterknowle, Sheffield, will be automatically discharged from bankruptcy on April 28 next year.

The sole remaining Fancie outlet, on Ecclesall Road, continues to trade after the assets, including the right to use the brand, were sold to an external company.

Amanda Perry is understood to still be based at the premises day-to-day.

Fancie became one of the best-known brands in Sheffield after it was set up in 2007.

At its height there were four outlets, including the original cafe on Sharrowvale Road, a stand in the Winter Garden in Sheffield city centre and a kiosk in Meadowhall shopping centre.

But the company hit trouble after Sheffield City Council issued a demand for unpaid rates at Meadowhall, which were not included in the rent.

Ms Perry was unavailable for comment.