More than 100 staff at Scarborough-based Woodhead bakery have been made redundant it has been confirmed.
The bakery and 11 of its shops, which were taken over in April 2011 by Bakery Products Ltd, were put into administration earlier this month.
John Russell and Andy Wood, from The P&A Partnership, were appointed joint administrators but have been unable to find a buyer.
In a statement Mr Wood said: “We have kept Bakery Products going all week in a bid to find a buyer for it as a going concern.
“Regrettably that has not been possible and we were left with no choice other than to close the bakery.
“I would like to thank those staff who have helped us to keep trading in difficult circumstances.”
The statement added that a second bakery, in Newcastle upon Tyne, and two shops in Harrogate were still trading.
The latest news came just 14 months after Woodhead was placed into administration for the first time.
It was eventually bought out by Bakery Products Ltd – which was run by Scarborough-born entrepreneur Arthur Harris.
When the company was placed into administration for the second time, earlier this month, online forums visitedby ex-employees of the Haldanes Retail Group, which owns Bakery Products Ltd, were highly critical of Mr Harris.
Scarborough’s MP, Robert Goodwill, has expressed his concerns over the running of the company.