M & F Limited (05003159): administration
- Status
- Administration ended
- Administration began
- 2017-03-13
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2003-12-24
- Location
- Manchester
- Industry
- 10310 Processing and preserving of potatoes
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in December 2003 and started trading in 2004. Between 2004 and 2007, turnover was in the region of £4million - £5million.
In 2007 the Company won a major contract with Bakkavor in London, and turnover continued to increase to around £10m.
In 2013, following a successful trading period and to reflect the continued growth of the business, the Company invested £1.5million and made significant improvements to the trading premises. The Company also continued to employ additional staff to deal with the increasing workload.
Administrators' statement of proposals (2017-05-17) · Companies House register