Prestat Limited (03593791): administration
- Status
- In administration
- Administration began
- 2026-02-06
- Administrators
- Jessica Barker, Alessandro Sidoli
- Administrators' firm
- Xeinadin
- Formerly
- One Stop Trading Limited
- Incorporated
- 1998-07-07
- Location
- Manchester
- Industry
- 46360 Wholesale of sugar and chocolate and sugar confectionery
Why it went into administration
- Cash flow / liquidity pressure
- Rising costs / inflation
- Competition / price pressure
- Weak consumer demand
- Sustained trading losses
From the administrators' statement
Prestat Limited (“the Company”) is a long-established British premium chocolate brand whose core activity is the development, marketing and sale of high-end chocolates and confectionery under the Prestat name. Founded in London in 1902, the Company is deeply rooted in British heritage and is recognised for its distinctive artistic packaging and gifting-led product proposition at the luxury end of the confectionery market.
The Company employed 20 members of staff, comprising 12 office employees and 8 employees working at its flagship Piccadilly store. This number was later reduced to 14 staff members, consisting of 9 office employees and 5 shop workers.
The brand’s identity is further reinforced by a long-standing Royal Warrant, which supports its positioning with both domestic and international consumers seeking premium, heritage-driven products. The Company’s product range includes boxed assortments of chocolates and truffles, chocolate bars, thins, dragées and seasonal offerings, with a strong emphasis on gift ability, presentation and design.
Administrators' statement of proposals (2026-02-25) · Companies House register