From the administrators' statement

The Company was incorporated on 5 August 1991 as Marcopolo Trading Limited and traded from leasehold premises at Units 1, 2 & 4 Station Road Industral Estate, Winslow, Bucks MK18 3DD. Furthermore, the Company had a leasehold storage premises at Units A7-A8, Greenways Business Park, Winslow Road, Great Harwood, Bucks MK17 ONY

The Company's principal business interest is that of a manufacturer of food products, specifically quiches and pres, for supermarkets and the retail industry

The Company’s financial problems arose from poor accounting of retrospective customer rebates which, when cailed in by the customers, caused severe cash flow problems which adversely affected its invoice financing facility and working capital

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Mondo Foods Limited (02635060)

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