Ming Foods Limited (05067343): administration
- Status
- In administration
- Administration began
- 2026-06-24
- Administrators
- Steven Wright
- Administrators' firm
- William Duncan (Business Recovery)
- Incorporated
- 2004-03-09
- Location
- Birmingham
- Industry
- 10890 Manufacture of other food products n.e.c.
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
3.1 On 27 May 2026, the Company sold the business and assets to a connected party, Baobei Limited, a new company set up by the current director, Sam Duong. The consideration paid was £30,000 and was paid into the Company’s bank account. The assets sold included goodwill, equipment, customer list and contracts, fixtures and fittings, intellectual property, stock and work in progress.
3.2 In the weeks leading up to the administration, a winding-up petition had been issued by Merchant Money SPV C Ltd for the sum of £59,921. The qualifying floating charge holder took the steps to place the Company into administration. 4.1
3.3
Administrators' statement of proposals (2026-08-28) · Companies House register