Shock as Waas Bakery ceases trading
Nine people have been made redundant after Waas Bakery went into administration.
Walls Bakery Ltd., trading as the Waas Bakery, will immediately cease trading, its joint administrators announced.
The popular bakery was incorporated in 2003, producing loaves, rolls, pastries, cakes and pancakes. Saltness Ltd. took on the building in 2016.
Its joint administrators, Geoff Jacobs and Blair Nimmo of Interpath Advisory, said it had experienced financial pressures especially after Covid.
After being unable to sell the business the directors placed the company in administration – with all nine employees made redundant.
Mr Nimmo said this was “clearly disappointing news” for the business and its “dedicated employees”.
And Mr Jacobs said it would be “hugely disappointing” for people in Walls, and Shetland, that the company was no longer able to trade.
“We would advise that any parties who have an interest in the bakery operation or the property contact the joint administrators in early course as there remains an opportunity to acquire this well-established local business,” he added.
Charlie Hodge
I bought the bakery business in 1986 , am very sad to see this happen, I sold the bakery in 2016 to Mr Bruce Gilardi who sadly died just over a year later , his family took over the business but tried to sell it a few years ago with little success. I hope for all the staffs sake ( some of whom have been there 38 years) a buyer can be found
Charlie Hodge
Alistair Tulloch
I would also echo Charlie Hodges comments. The building of the new bakery in Walls was a real act of faith in the future, well supported by the SIC Development Department. Tulloch Developments Ltd were the contractors and Clerk of Works and Engineering carried out by Peter Bardell, so it was truly an “in house” Shetland venture. I personally think its supermarkets/internet shopping versus small local shops, so this is yet another case of “use it or loose it”.