Hedon Salads Limited (04528834): administration
- Status
- Administration ended
- Administration began
- 2012-11-21
- Formerly
- Melrate Limited
- Incorporated
- 2002-09-06
- Location
- London
- Industry
- 01130 Growing of vegetables and melons, roots and tubers
Why it went into administration
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 6 September 2002 under the directorship of Antonio MagistroContenta and Thomas Reuben Salmon, to take over the busmess of an associated company already operating The Company’s principle activity was that of growing and selling fruit and vegetable produce and it traded from two sites covering an area of 44 acres, the first in Newport, covering 16 acres, and the second m Burstwick covering 28 acres.
The two directors had many years experience in the growing of produce and had both been successful prior to this restructuring in November 2002, when the former Hedon Salads Ltd became a Holding Company under the name of Hedon Salads Holdings Ltd and this company was formed to continue the trading of the business.
The Company, which was initially funded by a director’s loan, was profitable from the outset and did not require any initial support from its bankers
Administrators' statement of proposals (2013-01-23) · Companies House register