The bakery of the star of Dragons’ Den negotiates a debt of 6 million euros with the banks

East Coast Bakehouse, the high-profile Co Louth biscuit maker founded by Jacob Fruitfield’s former boss Michael Carey and Dragons’ Den star Alison Cowzer, is in talks to restructure almost $6 million of bank debt. The talks come after a €3.6m loss in its 2021 fiscal year brought cumulative losses to nearly €21m. It followed a €4.9m loss the business posted in the previous financial year.

peaking independent irishCarey said he is confident an agreement can be reached with the lender. The east coast banker is Ulster Bank.

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