The healthy fast food brand, which was acquired by petrol forecourt empire EG Group for £100m in 2021, recorded losses of £12.5m for the year ended 31 December 2023 and a further loss of £8.3m in the year ended 31 December 2024.
For the four years the company was owned by EG Group/Asda the business sustained overall losses in excess of £60m.
The business, which was re-acquired by co-founder John Vincent in October last year, appointed administrators late last year with a plan to implement a CVA proposal.
It recently closed around 22 sites - around half its company-operated estate – as part of a restructure, leaving it with 21 corporate sites.