D2 Food Systems Limited (03719616): administration
- Status
- Administration ended
- Administration began
- 2012-03-30
- Administrators
- Geoffrey Stuart Kinlan
- Administrators' firm
- BDO
- Incorporated
- 1999-02-25
- Location
- London
- Industry
- 5114
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was tncorporated on 25 February 1999 and operated from a leasehold admnnistrative office in Harpenden, Herts and a manufacturing unit in Conwy, North Wales (owned by the director, David Edwards).
The Company operated in two distinctive but complementary business areas, referred to by the Company as ‘machinery’ and ‘packaging’. The machinery side of the business, based in Harpenden, focused on the sourcing and supply of tray sealing machinery, pasta making and thermal processing equipment The packaging side of the business, based in Conwy, specialised in the manufacture of smoothwall and wrinklewall aluminium foil containers. The majority of staff were employed in the latter function, with only a skeleton staff. being maintained at the Harpenden site,
In recent years, the Company invested primarily in the manufacturing side of the business However, despite becoming a prominent supplier in the market place, the Company suffered from the emergence of competitors, on resulting pressure on margins and the general economic downturn.
Administrators' statement of proposals (2012-07-03) · Companies House register