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Goodmead Limited (01118658): administration

Status
Administration ended
Administration began
2013-12-16
Administrators' firm
Begbies Traynor
Incorporated
1973-06-18
Location
Salisbury
Industry
10130 Production of meat and poultry meat products

From the administrators' statement

The Company was incorporated on 18 June 1973 and was a wholesaler of meat David Winter, the sole director and majortty shareholder, had successfully run the business throughout this period and tt was producing a healthy profit for many years with turnover reaching c £800k at its peak

David Winter decided to sell the business in 2012 as he was seeking to retire and found that profit margins had decreased due to the general economic climate and larger customers moving away from local butchers Mr Winter initially entered into discussions with David Wilkin of Goodmead Catering Butchers Limited to purchase the business After protracted negotiations a sale could not be completed and the deal subsequently fell through

The Company ceased to trade on 13 December 2013 and all employees were made redundant on the same day

Administrators' statement of proposals (2014-01-27) · Companies House register

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Goodmead Limited (01118658)

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