KEY Food Ingredients Limited (04062850): administration
- Status
- Administration ended
- Administration began
- 2016-09-22
- Administrators
- Paul Andrew Flint, Paul Nicholas Dumbell, David James Costley-Wood
- Administrators' firm
- KPMG
- Incorporated
- 2000-08-31
- Location
- Manchester
- Industry
- 10410 Manufacture of oils and fats
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 31 August 2000 and occupies Unit 2 and 3 of a three acre freehold site comprising three units in Widnes, Cheshire
The primary activity of the Company ts the production of butter oi! and ghee, importing cream and butter in bulk to process for the food service, manufacturing and cocoa industries It also operates a warehousing division for third parties
The Company has one subsidiary, Simplea Food Products Ltd - in Administration (“Simplea”) The primary activity of Simplea ts the production of artisanal ranges of bespoke sauces/condiments, importing raw ingredients such as garlic, ginger and chilli and processing them for sale to the foodservice and retail markets The Company and Simplea operated from the same premises with shared central functions
Administrators' statement of proposals (2016-11-24) · Companies House register