Prestat Group Ltd (05874229): administration
- Status
- In administration
- Administration began
- 2026-02-06
- Administrators
- Jessica Barker, Alessandro Sidoli
- Administrators' firm
- Xeinadin
- Formerly
- The Fine Chocolate & Baking Company Limited; Crossco (965) Limited
- Incorporated
- 2006-07-12
- Location
- Manchester
- Industry
- 10821 Manufacture of cocoa and chocolate confectionery
Why it went into administration
- Cash flow / liquidity pressure
- Weak consumer demand
- Rising costs / inflation
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Prestat Group Ltd (the “Company”) was incorporated on 12 July 2006 and operates as the holding company of the Prestat group of companies. Its principal function is the ownership, protection, development and commercial exploitation of the Prestat brand and associated intellectual property. The brand's identity is further reinforced by a long-standing Royal Warrant held within the group, which supports its positioning among domestic and international consumers seeking premium, heritage-led products.
The Prestat product portfolio, developed and managed at group level, comprises boxed assortments of chocolates and truffles, chocolate bars, thins, dragées and seasonal offerings, all characterised by a strong emphasis on gift ability, presentation and design.
As a holding company, the Company retains oversight of brand management, product development, creative direction and group-wide commercial strategy, while manufacturing activities are undertaken by a connected operating entity within the group. This asset-light structure enables the Company to focus on brand stewardship, quality governance and route-to-market strategy without the capital intensity associated with directly operating production facilities. The model provides flexibility to scale volumes and evolve the product range while maintaining consistent quality standards across the group.
Administrators' statement of proposals (2026-03-11) · Companies House register