Soda Folk Ltd (08605076): administration
- Status
- Administration ended
- Administration began
- 2023-01-05
- Administrators' firm
- MHA
- Incorporated
- 2013-07-10
- Location
- London
- Industry
- 11070 Manufacture of soft drinks; production of mineral waters and other bottled waters
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
The Company launched in 2013 and is a UK soft drink brand. The business produces and sells premium soda drinks into major retailers including supermarket chains and casual dining restaurant chains. Its multi award-winning sodas are produced using the finest natural ingredients, creating authentic US-style flavour combinations. Alongside the wholesale trade offering, the Company has established an own brand e-commerce platform which generates revenues from ‘Direct to Consumer’ (“D2C”) sales. The Company is positioned within the premium soft drinks and mixers segment, which represents c10% of the total UK soft drinks market.
The product is produced by Hereford Contract Canning Limited (HCC), then shipped to Boughey Distribution Ltd for storage, handling, distribution and all stock fulfilment. A range of consultants and third party agents are employed by the Company to deal with sales, marketing, branding, procurement, and other services.
Administrators' statement of proposals (2023-03-09) · Companies House register