Two more directors at restaurant chain and fishmonger FishWorks have quit as its new owners attempt to restructure the struggling business and turn its fortunes around.

Non-executive directors Nicholas Stanley and Antony Fisher, who were part of the management team that steered FishWorks to a successful listing on the Alternative Investment Market in 2005, have today resigned.

Non-executive director David Singleton has joined the company with immediate effect. He is also chairman of train manufacturer UK Loco.

Gary Ashworth, who was appointed as non-executive chairman of FishWorks in February as part of a rescue deal, said: “FishWorks has now embarked on a new phase with a clear direction, the right management team and strong financial controls.”

FishWorks is currently carrying out a review of its restaurant sites after losses in the previous year ballooned following a turbulent period that saw its chairman and finance director quit.

FishWorks to carry out review of restaurants >>

FishWorks losses up after turbulent period >>

FishWorks names new directors after rescue share offer >>

Fallout at FishWorks continues with resignation of finance director >>

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UK Loco website >> 

By Chris Druce

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