Morgan Food Limited (08043534): administration
- Status
- Administration ended
- Administration began
- 2020-01-24
- Administrators
- Mark Elijah Thomas Bowen
- Administrators' firm
- MHA
- Incorporated
- 2012-04-24
- Location
- Droitwich Spa
- Industry
- 56102 Unlicenced restaurants and cafes
From the administrators' statement
3.1 MB Insolvency were introduced to the Director via MHA Macintyre Hudson Accountants, and an initial meeting was held on 14 January 2020 to help advise on the generic options available to the Company as it was deemed to be insolvent. The Directors advised that the company was under significant pressure from certain creditors,
3.2 As detailed in the attached SIP 16 statement to creditors, at the initial meeting with the directors he expressed a desire to acquire the business and certain assets through a pre-packaged sale along with the financial support of a third party.
3.3 There followed a period of marketing the business and assets for sale by agents Deeley Matthews Limited (‘DM’). Full details were disclosed as part of the SIP 16 statement to creditors.
Administrators' statement of proposals (2020-03-26) · Companies House register