QV Realisations Limited (02267537): administration
- Status
- Administration ended
- Administration began
- 2024-06-10
- Administrators' firm
- Teneo
- Formerly
- A H Worth Limited; Q V Foods Limited; QV Limited
- Incorporated
- 1988-06-14
- Location
- Birmingham
- Industry
- 10390 Other processing and preserving of fruit and vegetables
Why it went into administration
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Cash flow / liquidity pressure
- Rising costs / inflation
From the administrators' statement
The Company was incorporated on 14' June 1998 as a private limited company. The Company is a c.£80m revenue supplier of fresh and prepared potato and vegetable products to retail, foodservice, wholesale and food manufacturing. The Company operated two main divisions, namely “Prepared” and “Fresh”. The Prepared division produced prepared chilled fresh potato and vegetable products whereas the Fresh division packages and sells fresh potato and other vegetables. At our appointment, the Company employed 203 people at its leased premises in Holbeach Hurn, Spalding.
The Company:
e owned and operated a Water Treatment Plant (“WTP”), an onsite water treatment facility providing water for the Company’s operations and other Group / connected companies.
Administrators' statement of proposals (2024-06-20) · Companies House register