# Adelie Foods Limited (04272608)

> Why UK company 04272608 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04272608

- **Status:** Administration ended
- **Administration began:** 2020-05-26
- **Administrators:** Richard Michael Hawes, Robert James Harding
- **Administrators' firm:** Deloitte
- **Formerly:** Buckingham Foods Limited; De Facto 951 Limited
- **Incorporated:** 2001-08-17
- **Location:** Birmingham
- **Industry:** 10890 Manufacture of other food products n.e.c.

## Why it went into administration

- Sustained trading losses
- Competition / price pressure
- COVID-19
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

As previously noted, The Group had been EBITDA loss — making for some time. Given the ongoing trading losses, a sale process was conducted during the second half of

2019 (led by Houlihan Lokey) however this did not lead to |

a completed sale and accordingly the Group continued to trade in its existing form.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04272608/filing-history/MzI3NDQyODk1OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04272608

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