CPL Realisations Ltd (04720486): administration
- Status
- Administration ended
- Administration began
- 2022-09-01
- Administrators
- Patrick Alexander Lannagan, Conrad Alexander Pearson
- Administrators' firm
- Mazars
- Formerly
- Country Products Ltd
- Incorporated
- 2003-04-02
- Location
- Manchester
- Industry
- 10890 Manufacture of other food products n.e.c.
Why it went into administration
- COVID-19
- Weak consumer demand
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
Country Products Ltd (‘CPL’) (‘the Company’) was incorporated in April 2003 by Mark Leather (‘ML’) after operating as a sole trader since 1983. CPL initially traded from Unit 11a, Centre Park, York (‘the Business Park’).
During the initial period of trading, CPL developed a large local presence throughout Yorkshire, and at its peak operated from 14 country market stalls across the North East of England selling wholefood and healthy snack produce.
The Company experienced significant growth in the 2000’s when e-commerce ventures began to serve consumers across Europe in addition to the UK. Consumer demand began to change from larger to smaller pack sizes in the health snacking sector. The Company began to invest in packing machinery to pack their own products in a more professional looking pack at greater speeds.
Administrators' statement of proposals (2022-09-21) · Companies House register