The company was launched in 2022, with Mr Thompson to grow to 50 convenience stores, however, it collapsed just two years later with its owner subsequently declared bankrupt.

He was discharged from bankruptcy in December 2022 and is now the chief operating officer of ice hockey team Fife Flyers.

A new report from the administrators, FRP Advisory, outlines the debts owed and dividends paid. 

The sale of three shops to CJ Lang & Sons was made immediately on the appointment of FRP as administrators. Extensive negotiations were required with the landlords of each of the stores to agree the transfer of the leases to allow the sale to complete. CJ Lang paid £1.5 million for the shops and other assets.

The company will now be dissolved, the Courier reports.

However, there were significant sums owed by Eddy’s Food Station. Secured creditor Trevally Business Capital Limited was owed £3.8m, HMRC was due £141,000, and unsecured creditors owed a further £555,000. The report reveals that the secured creditor has been paid £882,800. 

Employees who were owed £1,121 in pay, holiday pay and pension contributions, but these have been paid in full. Also receiving payment was HMRC, which received £34,500 – 24.5p in the pound of the amount due. There were no funds for unsecured creditors.

The administrators at FRP received £159,000 for handling the administration as well as £130,370 in pre-administration costs.

The report said: “The administration will be exited by way of the administrators ceasing to act and the company moving to dissolution three months after the date on which the requisite notice is filed with the Registrar of Companies.”