A report has revealed the extent of the Glasgow-founded firm’s debt as its 40 UK stores are days away from a decision over their fate.

The companies linked to Quiz Clothing, and its stores are currently being managed by administrators Interpath.

Concerns over closure if a rescue package is not agreed have been raised.

Interpath is expected to update on the administration within days.

All 40 stores are at risk of closure. (Image: Newsquest)

The firm was appointed administrator to Orion Retail Limited, Tarak International Limited and Zandra Systems Limited, collectively trading as Quiz Clothing, in February.

The retail firm, operating for 33 years, has seven concessions in Ireland as well as its 40 stores across the UK, employing 565 staff.

At the point of administration, there were 109 redundancies across Quiz’s head office in Glasgow and distribution centre in Bellshill.

The administrators’ report for Orion Retail Limited shows that in December sums owed to connected parties of £15.4 million and trade creditors of £6.1m outweighed debtors at £13.5m – understood to represent sums owed by other group entities – and stock of £6.7m.

The report covering Tarak International Limited, which operated the group’s website and its overseas concessions, showed debtors at £11.1m and stock of £1.4m, principally, were outweighed by sums owed to connected parties of £9.5m and trade creditors £3.7m.

Zandra Systems Limited has no employees and its sole purpose is to hold an IT records contract.

The Zandra report stated: “To the extent the company has required to meet any fees and costs, we understand that, latterly, these would have been funded via loans provided by the company’s sole secured creditor, Zesta Ventures Limited.

“We understand Zesta Ventures Limited is owed approximately £6m by the group – albeit, we have yet to receive details of its indebtedness at appointment.”

The administrators said in the March 16 report: “We presently anticipate the administration trading period could last until mid-May 2026.

“Albeit, and with support from Hilco, trading performance is being monitored on a daily basis and paring back of operations will be implemented as it is considered necessary over the coming weeks.

“During the period immediately following our appointment – with news of the appointment having received local and national media coverage – we liaised with several parties who had expressed an interest in the company’s business and assets.

“To date, no offers have been received for the company’s business on a going concern basis.”

Bernard Matthews has swapped its frozen coated poultry products -including dinosaurs and Twizzlers – from turkey to chicken.

The shift comes after consumer taste tests revealed a clear preference for the change.

Sustainability and concerns about the potential impact of bird flu on future turkey supplies are both understood to have factored into the decision.

The only exception to the change is the company’s Hamwich product, which will continue to use turkey.

A Bernard Matthews spokesman said: “Kids will still be able to play with their food with dinosaurs and unicorns still on the menu.

“But through a series of taste tests, consumers told us they prefer chicken.”

Turkey dinosaurs were on sale for roughly four decades, from their launch in the early 1980s until the 2026 switch to chicken-only versions.

Norfolk’s Bernard Matthews, who built his fortune on turkey products and made the phrase “bootiful” famous, died in 2010.

Stephen Perkins, owner of independent digital repair shop Help I’ve Broken It in St Martin’s Street, Wallingford, said the business is still recovering from the burglary it suffered last October.

The shop owner discovered the windows smashed in, displays broken, devices damaged and thousands of pounds worth of electronics stolen on the morning of October 15.

Help I’ve Broken It in St Martins Street, Wallingford, suffered massive damage in a burglary (Image: Stephen Perkins)

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Jonathon Dobson, of Tudor Close, Wallingford, was sentenced to two years in jail and an 18-month driving ban for that and other offences at Oxford Crown Court on Wednesday, April 22.

Mr Perkins said the sentence doesn’t stack up against the impact of his actions.

“It’s not enough,” he said. “It just isn’t enough.

“It’s nice that he’s been sentenced and we know he’s not on the streets of Wallingford anymore, but at the same time, in six months times he’s going to be back out, in Wallingford, probably doing the same again.

“It doesn’t seem a very harsh lesson for the amount of damage that he’s done.”

The sentencing saw 44-year-old Dobson face the consequences for offences including two non-dwelling burglaries, theft from cars and theft of e-bikes in Wallingford, driving while under the influence of alcohol and driving without a licence or insurance.

Johnathon Dobson (Image: TVP)

All the offences were committed on the same day of the break-in at Mr Perkin’s store, on October 15 last year.

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Dobson was caught with 59 micrograms of alcohol in 100ml of breath after the crime spree, well over the 35 micrograms per 100ml legal driving limit.

The court heard that after stealing high value goods like mobile phones and sat navs from Help I’ve Broken It, causing the store to lose around four days of trading and items worth £3,000, he then drove to Wyatt Way and stole two e-bikes, worth £4,030.

Oxford Crown Court (Image: Newsquest)

Then, in the same road, he broke into several vehicles and stole items such as a jacket, wallet and brown bag.

He then broke into a nearby garage and made off with spirits, Champagne, beer and power tools valued at £1,200.

Mr Perkins said: “The court heard it was £3,000 but our insurance claim was around £11,500 worth. It wasn’t a little deal.

“The police did do their due diligence. I’m glad they caught the bloke, but it’s a shame they never managed to tag anybody else along with it our find our devices.

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“We’re not fully recovered yet. We’re still recouping some of the costs of it, which we’re never going to do I think. We’re just going to have to take the hit and carry on.”

Gordana Austin, mitigating counsel, asked the judge for a suspended sentence as Dobson ‘has motivation to change’ and, having spent six months in custody awaiting his court date, is ‘now free of drugs and alcohol’.

Judge Hassan Khan handed Dobson a two-year prison sentence and banned him from the road for 18 months for the driving offences.