Buttercross Farm Foods Ltd (05324727): administration
- Status
- Administration ended
- Administration began
- 2021-03-15
- Administrators
- Craig Povey, Ian Mark Defty
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2005-01-05
- Location
- Birmingham
- Industry
- 10110 Processing and preserving of meat
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
From the administrators' statement
Buttercross Farm Foods Limited (‘the Company") was incorporated on 5 January 2005 to continue the business of Buttercross Farm Foods which had traded from the early 2000's as a partnership known as Lower
Rule Farm.
Mr Rowley was previously employed in that business. However, Mr and Mrs Critchtey (who were in the Partnership and also founding directors of the company) anticipated that there was no lucrative future in a particular section of the business which operated as a pig farm, and decided that this part of the business should move towards food and meat processing. On incorporation the Company operated under the tenure of all founding directors, although shares were held only by Mr and Mrs Crtichley, who had injected working capital into the business venture at the outset.
Administrators' statement of proposals (2021-05-17) · Companies House register