DBC Foodservice Limited (00160100): administration
- Status
- Administration ended
- Administration began
- 2012-03-27
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- Danish Bacon Company Public Limited Company
- Incorporated
- 1919-10-29
- Location
- 1 Oxford Street
- Industry
- 9305
Why it went into administration
- Funding withdrawn / unable to refinance
- Credit insurance / supplier credit withdrawn
- Competition / price pressure
- Rising costs / inflation
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
- Sustained trading losses
- Pension deficit
- Weather / natural events
From the administrators' statement
Danish Bacon Company (“DBC” or “the Company”) was founded in 1902. DBC was estabhshed by Danish Crown to market, sell and distribute meat products throughout the UK. The Company was incorporated in 1919
The business gradually developed a full range foodservice offering and the Company began trading under the name DBC Foodservice in 1995. Eleven years later DBC was acquired by Woodward Foodservice, a company that specialises in selling an extensive range of frozen products to foodservice customers.
In 2008 the trading entity of Woodward was sold to Brake Brothers, leaving DBC in a corporate structure with the remnants of the Woodward group In April 2009 DBC, and the remaining Woodward group structure was acquired by WPD Holdings Limited for £l.
Administrators' statement of proposals (2012-05-21) · Companies House register