Glasgow, UK. 25 January 2019. Patisserie Valerie is a chain of cafés that operates in the United Kingdom. The chain specialises in hand-made cakes, and its menu included continental breakfasts, lunches and teas and coffees. The company went into administration on 22 January 2019 since a 40 million pound black hole was found in its accounts where the Chair of the company had cashed out the money. Investigations are on going and a number of stores have been closed down with a few being kept open.