# Braeforge Limited (03437953)

> Why UK company 03437953 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03437953

- **Status:** Administration ended
- **Administration began:** 2023-02-16
- **Administrators:** Michael Stephen Elliot Solomons, Milan Vuceljic
- **Administrators' firm:** Moorfields
- **Formerly:** Milkhills Limited; Gentgreen Limited
- **Incorporated:** 1997-09-22
- **Location:** London
- **Industry:** 46330 Wholesale of dairy products, eggs and edible oils and fats

## Why it went into administration

- Loss of a key customer, supplier or contract
- COVID-19
- Rising costs / inflation
- Cash flow / liquidity pressure

## From the administrators' statement

Background to the Company

The Company, trading as Pensworth, was founded in 1975 and was incorporated on 22 September 1997 as a foodservice supplier, operating in the dairy industry and subsequently grew into one of the UK’s leading national dairy suppliers. The Company delivered to thousands of business customers and, at its height, operated from 12 depots throughout the UK and employed 300 staff.

The directors advised that the Company had become insolvent due to the following factors:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03437953/filing-history/MzM3NDMxNzE0N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03437953

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.