Simtom Food Products Limited (02585630): administration
- Status
- Administration ended
- Administration began
- 2021-08-12
- Administrators
- Timothy Bateson, Howard Smith
- Administrators' firm
- Interpath Advisory
- Incorporated
- 1991-02-26
- Location
- Birmingham
- Industry
- 10890 Manufacture of other food products n.e.c.
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1991, and manufactured a range of traditional Indian sauces, marinades, pickles and chutneys supplying to both supermarkets and food service.
The family-owned business operated from four leasehold properties near Desford in Leicestershire at the time of our appointment.
Over the previous two years, the Company invested significantly to improve the production capacity and efficiency of its operations in order to meet the increasing demand for its products.
Administrators' statement of proposals (2021-10-07) · Companies House register