United Snacks Limited (05389068): administration
- Status
- Administration ended
- Administration began
- 2021-10-28
- Administrators
- Andrew Poxon, Mike Dillon
- Administrators' firm
- Leonard Curtis
- Formerly
- Processed Snack Products Limited
- Incorporated
- 2005-03-11
- Location
- Manchester
- Industry
- 10890 Manufacture of other food products n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Parent or group failure
- Competition / price pressure
From the administrators' statement
3.1 The Company was a family run business which has traded for some 45 years and was initially started by the Current directors’ parents/grandparents trading as United Snacks. The records at Companies House show that the Company was incorporated on 11 March 2005 as Processed Snack Products Limited. The business was sold to a third party and the family re-purchased the business approximately a year later. The Company's name was changed back to United Snacks Limited in April 2014.
3.2 The Company trades from premises at Unit 12, Golden Triangle, Harrison Street, Widnes, WA8 8TN which are owned by connected parties.
3.3 The Company produced corn-based snacks mainly focussing on vegan snacks as well as gluten and dairy free snacks. The Company's customer base mainly comprises of ‘cash & carry’ type of businesses.
Administrators' statement of proposals (2021-11-12) · Companies House register