Restructures & receiverships

Mr Shericks

Mr Sherick's Shakes appoints liquidator amid cost pressures Subscription

12 Jan 2018 | By Edward Devlin

The ‘super premium’ range of Mr Sherick’s Shakes retailed at the top end of the market (£1.99 for a 250ml bottle)

Central Convenience store

City snapshot: Conviviality offers to buy 127 Central Convenience stores following P&H collapse Subscription

15 Dec 2017 | By Alec Mattinson

Bargain Booze owner Conviviality has offered to buy 127 Central Convenience stores from WS Retail, following the collapse of its parent Palmer & Harvey into administration. Plus all the rest of the latest news from the City

Palmer & Harvey

Palmer & Harvey sought to delay dividend payments as losses mounted Subscription

04 Dec 2017 | By Alec Mattinson

Collapsed wholesaler Palmer & Harvey renegotiated its onerous dividend payments to management to help mitigate rising losses according to its most recently filed accounts.

palmer and harvey

Who killed Palmer & Harvey? Subscription

01 Dec 2017 | By Adam Leyland

From the 2008 MBO, Palmer & Harvey still chose to pay out £70m in interest payments to preferential shareholders. Why?

Tony Reed

Tony Reed tells P&H colleagues and customers: 'I'm sorry' Subscription

01 Dec 2017 | By Adam Leyland

Reed said he was ‘dreadfully sorry’ to all the stakeholders that he had been unable to save the wholesaler

Palmer&Harvey

P&H falls into administration Subscription

28 Nov 2017 | By Ronan Hegarty

Customers have been informed there will be no deliveries tomorrow and rival wholesalers are gearing up to step in

Yorkshire Meatball Co

Yorkshire Meatball joins list of collapsed crowdfunded brands Subscription

27 Oct 2017 | By Edward Devlin

The business, run by father and son David and Gareth Atkinson, raised £123,000 from 220 investors on Crowdcube last April

Mushrooms

Button Farm Mushrooms calls in administrators Subscription

24 Oct 2017 | By Edward Devlin

Northern Irish mushroom grower Button Farm Mushrooms has collapsed after being hit by the loss of a major customer, as well as rising costs.

sugar beet sweet combine harvester farm

Sugar beet harvester M&J Haulage collapses Subscription

16 Oct 2017 | By Edward Devlin

Lincolnshire sugar beet harvester M&J Haulage has called in administrators from KPMG, with operations suspended and all 24 staff sent home.

cake

More Food: rescue deal for cake supplier saves 150 jobs Subscription

08 Sep 2017 | By Edward Devlin

More Food had expanded revenues to more than £8m by 2016

Waitrose home-baking

150 jobs saved as Waitrose cake maker More Food acquired in pre-pack deal Subscription

05 Sep 2017 | By Edward Devlin

A rescue deal at Waitrose and Budgens cake supplier More Food has saved 150 jobs after rising commodity prices following the Brexit vote and substantial costs related to a move to new facilities squeezed the business.

fletchers bakeries bread

City snapshot: 250 jobs at risk as Finsbury Food Group plans to close Grain D’Or bakery business Subscription

23 Aug 2017 | By Edward Devlin

Finsbury Food Group is proposing to close its lossmaking Grain D’Or business, leaving 250 jobs at risk.

Iceberg lettuce

Southern Salads collapses after feeling Brexit effect Subscription

17 Aug 2017 | By Edward Devlin

Supermarket salad supplier Southern Salads has collapsed, with the loss of 260 jobs, after being squeezed by the weak pound and higher import prices for its produce sourced from Europe

beef steak

Cleveland Meat Co collapses with loss of 68 jobs Subscription

31 Jul 2017 | By Edward Devlin

The collapse of Cleveland Meat Co comes after the FSA shut the business down temporarily in June when it found evidence of “serious deficiencies” at the firm’s Stockton site.

tulip

Tulip kicks off consultation at King's Lynn factory Subscription

27 Jul 2017 | By Kevin White

The cuts are part of a restructure at the Danish Crown-owned business, which posted losses of almost £22m for the year to 30 September

Bristows bonbons

Bristows and Tuckers bonbon maker fails again with 52 redundancies Subscription

19 Jul 2017 | By Edward Devlin

The future of the Bristows and Tuckers confectionery brands hang in the balance after a failed turnaround bid sent the business under for the second time in less than a year

essex food company web

Essex family food store forced to close after 17 years

19 Jul 2017 | By Helen Gilbert

The Food Company in Marks Tey, Colchester, will cease trading on 29 July

Natalie Crayton - Hebridean Sea Salt

Liquidators appointed at scandal-hit Hebridean Sea Salt Subscription

13 Jul 2017 | By Edward Devlin

Hebridean Sea Salt is set to be liquidated after being embroiled in a scandal over the authenticity of its product.

Street Eats

Tasties of Chester rescue deal saves 188 jobs as former Adelie CEO takes over business Subscription

12 Jul 2017 | By Edward Devlin

Almost 200 jobs have been saved at food-to-go operator Tasties of Chester after former Adelie Foods CEO Gavin Cox put together a rescue deal with administrators.

feel free

Feel Free collapses as questions raised over finance history Subscription

19 May 2017 | By Edward Devlin

The directors of gluten-free food maker Feel Free are facing bankruptcy proceedings

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