Restructures and Receiverships – Page 6
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NewsOrchard House creditors left £56m out of pocket, report shows
Private equity-backed juice and fruit business owed trade suppliers £21.1m and another £7m to its employees
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NewsFraud-linked meat supplier Loscoe Chilled Foods placed into administration
The supplier was linked a fortnight ago to a National Food Crime Unit probe into the passing off of imported beef as British
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Analysis & FeaturesUnpicking the failures that led to a £234m loss at Waitrose and John Lewis
After posting huge losses, Sharon White has rung the changes, promising more cuts. Even its hallowed mutual status is under review
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NewsCity snapshot: British Honey Co calls in administrators
Listed producer of honey and spirits British Honey Co has announced its intention to appoint administrators following the failure to raise critical funds
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Analysis & FeaturesWhat Lloyds Pharmacy’s woes says about the state of British chemists
As Lloyds reviews all stores, where do pharmacies go from here?
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NewsCompleat Food picks up assets from collapsed Vale of Mowbray
The historic Yorkshire-based business, which started making pork pies in 1928, appointed administrators from FRP in September last year after struggling to cope with soaring input cost inflation and higher energy bills.
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NewsBig Prawn creditors owed £23m-plus when shellfish supplier collapsed
The majority of the money owed isn’t expected to be repaid, the report by administrator Kroll revealed
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Analysis & FeaturesAre CBD brand casualties a necessary evil for investor confidence?
The FSA’s whitelist of tradeable products has led to many brands running into trouble. Even backing by David Beckham can’t guarantee longevity
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NewsStruggling CBD brand Love Hemp calls in administrators
A notice on the brand’s website said Paul Cooper and Jamie Taylor of Begbies Traynor were appointed as joint administrators of Love Hemp Ltd on 9 February 2023
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NewsSykes Seafood saves 120 jobs in Big Prawn Co pre-pack administration deal
Big Prawn, which supplied natural and added-value shellfish products to UK retailers, wholesalers and foodservice, appointed restructuring specialist Kroll Advisory as administrator on 27 January 2023.
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NewsCrussh creditors were owed more than £11m
Food-to-go and juice bar group Crussh owed creditors more than £11m when it collapsed, according to a new report by administrators. FRP Advisory sold the business in a pre-pack administration deal worth £640k, the document also showed.
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NewsPensworth Dairy to close after loss of biggest customer
The supplier is claiming it has been ‘forced out of business’ after Freshways bought its biggest customer
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News2 Sisters set to close Llangefni factory with more than 700 jobs at risk
The poultry giant said the decision to shutter the plant was a response to the ‘continuing’ cost challenges facing the sector
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NewsSeafood supplier Cook & Lucas brings in administrators
A major whitefish processor in Grimsby supplying the likes of Hilton Foods and Charlie Bigham’s has fallen into administration
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NewsCrussh food-to-go operator rescued in pre-pack adminstration deal
Food-to-go and juice bar group Crussh has been rescued after collapsing into administration, saving more than 160 jobs
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NewsAdministrators seek buyer for Wild Beer Co
Beer brand Wild Beer Co has fallen into administration after struggling to recover from the pressures of Covid, while battling rising costs
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NewsWholefood Earth to give The Vegan Kind website ‘a new life’
Online supermarket The Vegan Kind, which shuttered last month, has been revived by a family run vegan foods retailer with plans to reinvigorate the brand and bring it back to operations.
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NewsWholey Moly closes its doors in the face of mounting pressure
Cookie start-up Wholey Moly has ceased trading after being overwhelmed by a barrage of challenges this year.
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NewsTroy Foods rescued by Fylde Fresh & Fabulous in pre-pack deal
Potato grower Fylde Fresh & Fabulous Group has rescued veg processor Troy Foods from administration.
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NewsAdministrators seek rescue for No1 Botanicals as Covid effect lingers over trading
Upmarket soft drinks supplier No1 Botanicals has fallen into administration following the Covid-driven collapse of out-of-home consumption