Higgins Agriculture Limited (00870913): administration
- Status
- Administration ended
- Administration began
- 2019-05-31
- Administrators' firm
- Begbies Traynor
- Formerly
- Higgins Farms Limited; Higgins (Farms) Limited
- Incorporated
- 1966-02-09
- Location
- Stockton on Tees
- Industry
- 52103 Operation of warehousing and storage facilities for land transport activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
The Company was incorporated in February 1966 as Higgins Farms Limited by Michael Higgins and effectively managed by members of the Higgins family throughout its trading history The Company was renamed Higgins Agriculture Limited in March 1991 and has traded under this name since. It traded from a site owned by a group company in Doncaster.
The Company was incorporated to encompass all stages of the potato life cycle, from the development of new varieties, to growing and contracting sales. Since incorporation, the Company expanded to become one of the most successful independent potato supply businesses in Europe, being awarded contracts with large customers such as Heinz.
In 2015 the Company lost its largest customer, which accounted for 60% of turnover, as a result of that customer losing its contract to produce potato products for a large well known food supplier. The customer therefore had to shut down its own production and no longer had a requirement for the Company's potato product.
Administrators' statement of proposals (2019-08-06) · Companies House register