The Polish Bakery Limited (05562837): administration
- Status
- Administration ended
- Administration began
- 2023-03-08
- Administrators
- Michael Pallott, Adam Harris, Patrick Alexander Lannagan, Natasha Brodie
- Administrators' firm
- Mazars
- Incorporated
- 2005-09-13
- Location
- London
- Industry
- 10710 Manufacture of bread; manufacture of fresh pastry goods and cakes
Why it went into administration
- Creditor pressure / legal action
- COVID-19
From the administrators' statement
The Company was incorporated on 13 September 2005 and for a number of years had traded from a factory production site and offices situated at 260 — 272 Abbeydale Road in Wembley, manufacturing Polish bread, sourdough, fresh pastries, cakes, and other confectionaries for a wide range of consumer customers including large high-street retailers, wholesale and direct to shop.
There was also a separate unit at 273 Abbeydale Road, which was utilised as a gluten free bakery and a nearby leased unit used primarily for storage as well as stored equipment in Lincolnshire and in Germany pending installation into the factory.
The Company had 77 employees by the date of Administration and had previously traded successfully for many years. The pandemic significantly impacted the Company’s sales and ability to trade. Additionally the Directors had been trying to relocate the Company’s trading premises to a more rural location in order to reduce costs and occupy a larger premises. Eventually a site was located and machinery (which would have increased the automation of production and thereby reduce the labour requirements) was ordered and purchased, funded by HSBC Bank plc.
Administrators' statement of proposals (2023-05-12) · Companies House register