DBC Foodservice has entered administration after it failed to find a buyer for the business.

Russell Cash, Ben Woolrych and Mark Wilson from Baker Tilly were appointed joint administrators yesterday.

Baker Tilly had been working to find a buyer for the business as a whole before administration. DBC announced last week that the business was for sale.

“DBC is a very well established business which has enjoyed a great reputation over a prolonged period. It is obviously very disappointing to see the company enter into administration. We are in discussions with a number of interested parties, some of which are at an advanced stage. We are hopeful that we will be able to secure a future for certain areas of the business,” said Baker Tilly restructuring and recovery partner and joint administrator Russell Cash.

DBC recorded a £4.95m loss in its latest accounts and has been plagued by cash flow and supply problems in recent months.

The company employs 982 people and has 11 depots across the UK.

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