DOS Palm OIL Production Limited (06424735): administration
- Status
- Administration ended
- Administration began
- 2016-01-07
- Incorporated
- 2007-11-12
- Location
- London
- Industry
- 10410 Manufacture of oils and fats
From the administrators' statement
The Company was incorporated on 12 November 2007 when the founder, Shamim Ahmed, identified the Ghanaian palm industry as combining the key requirements of strong growth prospects, governmental support and stability, a robust legal and tax framework and attractive asset values The Company was then incorporated and the search for suitable land for a mill sire in Ghana commenced
At thts stage, the intention was to continue selling crude palm oil in bulk to local refiners via road going tankers, in quantities of 30-40 tonnes per shipment Palm kernel oi would be produced from the nuts within the fruit using specialist machinery at the Ayiem mill then sold in bulk in 30 tonne tankers to local industrial users The market for biofuel was explored but deemed uneconomic given the relatively low cost of normal petroleum and diesel in Ghana However, further investigation revealed that a market existed for crude palm oil sold as a cooking oll to individuals and restaurants living outside Africa This market did not appear to be addressed by existing manufacturers in Ghana who tnstead remained focused on large scale production for local industnal customers It was at this point that the Company decided to create a specific consumer brand to capture the quality, authenticity and consistency of the best of West African cooking palm oil for Western expatriate consumer markets
The Company’s trading address and registered office was 129 The Grove, Stratford, London E15 1EN
Administrators' statement of proposals (2016-03-15) · Companies House register