Paramount Foods Limited (05566186): administration
- Status
- Administration ended
- Administration began
- 2012-10-05
- Administrators' firm
- Kroll
- Formerly
- Pizza Canadian Limited
- Incorporated
- 2005-09-16
- Location
- Manchester
- Industry
- 1589
Why it went into administration
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Parent or group failure
- Competition / price pressure
- Loss of a key customer, supplier or contract
From the administrators' statement
Statutory information on the Company and a summary of Its financial history 1s included at Appendix 1
The Company specialised in the manufacture and supply of pizzas and pizza bases to retail and foodservice customers throughout the United Kingdom Key customers included Sainsburys, Morrisons and other large supermarkets
The Company operated a bakery in Saiford, Greater Manchester with a topping facility in Deeside, Flintshire The Company also had short term use of a cold storage facility in Deeside for the storage of finished goods
Administrators' statement of proposals (2012-12-03) · Companies House register