Vale of Mowbray Limited (03083593): administration
- Status
- Administration ended
- Administration began
- 2022-09-28
- Administrators
- Mark David Hodgett, Martyn James Pullin
- Administrators' firm
- FRP Advisory
- Incorporated
- 1995-07-25
- Location
- Preston Farm Business Park
- Industry
- 10130 Production of meat and poultry meat products
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Weak consumer demand
- HMRC / tax arrears
- Energy costs
- Cash flow / liquidity pressure
- Brexit
From the administrators' statement
Vale of Mowbray Limited is a family-owned Company which can trace its roots back over 200 years and, in the modern era, was one of the major manufacturers of pork pies in the UK. Selling largely to the retail sector, the Company provided a mix of branded and own brand product being the major supplier of pork pies to its two largest customers. Employing over 200 staff, the Company turned over in excess of £20m from its modern freehold manufacturing premises in Leaming Bar, Northallerton. The Company also operated a further bakery in an Industrial Estate in Leeming Bar also from freehold premises.
In addition to its main offering to the retail sector, the Company operated a van sales division contributing around 5% of sales supplying pork pie and other meat products to a network of independent outlets across the North-East and Yorkshire.
The Company’s Board consisted of two brothers, Mark and Andrew Gatenby with Mark running the business on a day-to-day basis as managing director. Andrew Gatenby was not employed by the Company and was involved in Board decisions as and when required.
Administrators' statement of proposals (2022-11-28) · Companies House register