All Restructures and receiverships articles – Page 6
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News
Revived Farmison starts phased reopening of meat business
The upmarket online butcher was rescued from administration by ex-Asda boss Andy Clarke last month
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News
Morrisons’ plastic recycling plant falls into administration
The Grocer understands the administrator has spoken to several interested parties, with a formal deadline for bids tomorrow (5 May)
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News
Coffee logs supplier Bio-Bean collapses following on-site fire
The supplier, which makes fuel from recycled coffee grounds, appointed KRE Corporate Recovery as administrator this month
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News
Farmison eyes push into supermarkets under Andy Clarke
Farmison is set to make a renewed push into mainstream supermarkets, after being rescued from administration by former Asda boss Andy Clarke this week.
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News
Planet Organic founder saves 10 stores with pre-pack deal
Sale follows weeks of intense talks with potential investors after Waitrose ended negotiations to take over the business
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News
Waas Bakery calls in administrators following cost pressures
Interpath Advisory were appointed as administrator of Walls Bakery Ltd and Saltness Ltd, which traded as Waas Bakery, on 19 April
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News
Farmison rescued from administration by ex-Asda boss Andy Clarke
Collapsed online meat retailer Farmison has been bought out of administration by a consortium led by former Asda boss Andy Clarke.
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News
Food and drink insolvencies soar as inflation takes toll
Insolvencies in food and drink manufacturing have soared in the past year as surging cost inflation and falling consumer spending squeezed firms
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Comment & Opinion
Farmison’s demise points to a chill wind for DTC challengers
The demise of the DTC butchery player is yet another illustration of headwinds facing disruptor food and drink players
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News
Farmison collapses as rescue deal proves out of reach
Most of the 75 employees at the Yorkshire-headquartered company were made redundant on appointment of administrators as the business ceased trading
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News
Planet Organic seeking £3m to fund new rescue plan
Planet Organic has until next week to secure a deal, with the rescue plan outlining a new slimmed-down business
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News
Orchard 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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News
Fraud-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 & Features
Unpicking 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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News
City 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 & Features
What 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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News
Compleat 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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News
Big 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 & Features
Are 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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News
Struggling 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