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SK Food and Drinks Limited (07808064): administration

Status
In administration
Administration began
2026-04-21
Administrators
Sandra Fender
Administrators' firm
The Debt Recovery Bureau
Formerly
SK Cash and Carry Limited; Value Wholesale Limited
Incorporated
2011-10-12
Location
Birmingham
Industry
46390 Non-specialised wholesale of food, beverages and tobacco

Why it went into administration

From the administrators' statement

The following trading history was provided by the director.

During late 2025 and early 2026, the Company was actively pursuing a growth plan. That plan involved a proposed equity investment of approximately £1.5 million, a reduction of a major supplier’s balance, recovery of material sums due to the Company, and the development of a new technology enabled business model known as Titan Drinks Direct.

There was a credible and active route to addressing the Company’s cash flow pressure. Investor discussions were advanced, due diligence had commenced, heads of terms had been received, solicitors had been instructed, and the Company was also progressing its new Titan Drinks platform.

Administrators' statement of proposals (2026-06-24) · Companies House register

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SK Food and Drinks Limited (07808064)

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