A company behind Manchester street food market Grub owed more than £200,000 as it entered liquidation, it has been revealed. Grub MCR at Mayfield Limited racked up debts of £231,600 in total to creditors such as NatWest and HMRC.

Newly-filed documents with Companies House show that advisory firm Cowgills was appointed to oversee the liquidation process after a winding-up petition was served by HMRC. The Manchester Evening News understands Grub will continue to operate as its parent company, Grub MCR Limited, is not affected by the liquidation.

Grub will remain open from Wednesdays to Sundays at The Red Bank Project near Cheetham Hill. Grub is run by husband and wife team Jason and Juliana Bailey and home to a range of independent food retailers. It also includes a beer garden, bars, weekly street food markets and its own cinema and performance space.

It relocated from Mayfield to The Red Bank Project, a temporary arts space, towards the end of 2019 after its summer residency came to an end. It had previously spent the past two summers at Mayfield Gatehouse and winters at Fairfield Social Club, both near Piccadilly station.

Grub was founded in October 2013 and held its first event the following year. Before setting up the venture, Jason Bailey worked as a chef at Arepa!Arepa!Arepa! Jason Bailey declined to comment when contacted by the M.E.N. Cowgills was also contacted for comment.

In a recent LinkedIn post Mr Bailey said: “It has been a busy week at Grub HQ as we’re prepping our business and our team for what will be a massive 2024. Brand new GM for the Grub mothership, fresh events and project manager for the group, promoting internally to create a new digital marketing post to ensure nothing gets lost in the maelstrom of events and new things we’ve got going on, speaking to freelance BDMs to ensure our commercial growth matches our creative ambition and just drafting a new management position to deliver new cultural partnerships and pull our funding bids together.

“Feels like we’ve finally cracked it as far as shaping our senior management team goes but…… none of these lot (nor me) do the real work and we’ve got a lot of real work to be done so we are on the lookout to expand our team of venue crew and shift managers as soon as possible as well as appointing a new assistant general manager for our main site.”

Grub is due to hold an event to mark its 9th birthday on Friday, October 20, and Saturday, October 21, featuring street food from Gatto Pizza, Mary’s Cakery Markery, Wholesome Junkies and Feat of the East. The event is free to enter and includes a tombola, music and ‘special drinks’.

According to a document filed with Companies House, none of Grub’s hot food or dessert suppliers are among Grub MCR at Mayfield Limited’s creditors. However, the document shows that gin brand Faith & Sons and Indian street food firm Tikka Chance On Me, both based in Manchester, are on the list.

Other creditors include Reading-based Double-Barrelled Brewery, Warwickshire’s Hogans Cider and North Brewing Company in Leeds. HMRC is owed £105,000 in VAT and PAYE payments while NatWest is owed over £38,300 for a Covid Bounce Back Loan (BBL) and more than £27,700 from a separate business loan.

The amount Grub MCR at Mayfield Limited owed to its creditors includes a £22,000 inter-company loan from Grub MCR Limited.