Sheffield cupcake business Fancie is expected to go into voluntary liquidation today, according to local news reports.
The Star website said the business has an estimated debt of £100k, and is due to hold a meeting for its creditors at Sheffield business rescue and recovery specialist Begbies Traynor.
The business, founded by Amanda Perry, closed into Meadowhall shop in May, after three years in business. However it also opened its first canteen and bakery outlet on Eccleshall Road, later that month.
Fancie also has two dedicated cupcake shops in Sharrowvale Road, and The Winter Gardens.
Responding to messages on its Twitter feed this morning, Fancie posted a message saying: "Thank you all for the support, you are wonderful. It’s a very unfortunate situation but only option in the circumstances. Thanks for support."