# Silverstar Foods Limited (04486796)

> Why UK company 04486796 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04486796

- **Status:** Administration ended
- **Administration began:** 2016-07-26
- **Administrators:** William James Wright, Mark Jeremy Orton
- **Administrators' firm:** KPMG
- **Incorporated:** 2002-07-16
- **Location:** London
- **Industry:** 46390 Non-specialised wholesale of food, beverages and tobacco

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

Silverstar Foods Limited (the Company’) was incorporated in 2002 and traded as Turners Fine Foods It was a food wholesaler and distributor based in Goudhurst, Kent The Company distributed fresh and ambient food to restaurant and hotel customers daily from its depots in Kent (and Lancashire & Dorset until recently) using its fleet of leased vans The Company employed 484 staff across its sites

The Company made an acquisition in 2015 to acquire the trade and assets of Coastline Produce Limited to expand their geographical reach and customer base

2.2 Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04486796/filing-history/MzE1ODU2MTg1NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04486796

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