Reed Farms Ltd (05302295): administration
- Status
- Administration ended
- Administration began
- 2014-11-20
- Administrators
- Simon Robert Thomas, Arron Simon Kendall
- Administrators' firm
- Moorfields
- Incorporated
- 2004-12-02
- Location
- London
- Industry
- 01410 Raising of dairy cattle
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Competition / price pressure
- Weather / natural events
From the administrators' statement
The Partnership was formed by Kenneth Reed in 1960 The Partners making up the Partnership are Kenneth Reed, Eveline Reed and Winston Reed and the core historical business was dairy farming
in December 2004 the Company was incorporated and 1s now primanly operated by Kenneth Reed's son, Winston Reed The Company ts very much a family business, with Winston’s wife, Ellie Reed, assisting with the bookkeeping and his sister, Helen, and her family assisting with the farm work The Company now facilities the vast majorty of the dairy farming
The Partnership owns a number of farms in the Tiverton area, namely, Cleve farm and off-lying land and buildings, Kendon Farm and the off lying land and Gibbet Moore The Partnership trades from Kendon Farm and the other land is utilised by the Company
Administrators' statement of proposals (2015-01-15) · Companies House register