Barry Reed Limited (01595358): administration
- Status
- In administration
- Administration began
- 2005-08-16
- Administrators
- Graham Lindsay Down
- Administrators' firm
- Burton Sweet Corporate Recovery
- Formerly
- Saltchoice Limited
- Incorporated
- 1981-11-04
- Location
- Bristol
- Industry
- 5142
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Property / lease costs
- Competition / price pressure
From the administrators' statement
The business was incorporated on 4 November 1981 as Saltchoice Limited, and was initially a family concern.
The original directors have retired. However Mrs Morawiecka is a member of the family who began the business.
The Administrator has been advised that the business was successful and had expanded in line with market requirements.
Administrators' statement of proposals (2005-10-14) · Companies House register