Jupiter Marketing Limited (04393545): administration
- Status
- Administration ended
- Administration began
- 2022-09-05
- Administrators
- Christopher Robert Pole, Timothy Bateson
- Administrators' firm
- Interpath Advisory
- Formerly
- PDM International Ltd
- Incorporated
- 2002-03-13
- Location
- Nottingham
- Industry
- 10390 Other processing and preserving of fruit and vegetables
Why it went into administration
- Funding withdrawn / unable to refinance
- Supply chain disruption
- COVID-19
- Rising costs / inflation
- Competition / price pressure
- Weak consumer demand
- Cash flow / liquidity pressure
From the administrators' statement
The Company is part of a wider Jupiter Group with operations based across the UK, South Africa, Chile and the Netherlands. In 2019, the Group moved its focus from being a wholesale distributor of fruit and vegetables to being both grower and distributor by acquiring a group of businesses in South Africa.
The Company’s main operation consisted of the sale of fresh fruit produce supplied by various third parties. The group also owned farms in South Africa and Chile which was purchased by the Company and sold to end customers. The company also operated a prepared fruit line supplying into various UK supermarkets.
The business operated from a leased premises and a warehouse in Newport, Shropshire and was incorporated on 13 March 2002. At the date of appointment, the Company employed 85 staff.
Administrators' statement of proposals (2022-10-27) · Companies House register