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Muscle Foods Limited (09019725): administration

Status
In administration
Administration began
2026-07-21
Administrators
Stuart Philip Kelly, Clare Harsley
Administrators' firm
Aaron & Partners
Formerly
New M Food Limited
Incorporated
2014-05-01
Location
Prescot
Industry
10850 Manufacture of prepared meals and dishes

Why it went into administration

From the administrators' statement

3.1

3.2

Prior to the commencement of the Administration, the Company had obtained a number of short-term working capital loans with different lenders. These loans were intended to allow the Company to meet payments as and when they fell due as well as increase marketing spend in an effort to grow the business and attract new customers. However, with the value of short-term lending obtained, the daily and or weekly repayments required to meet the loan agreements created difficulty in servicing the trade and expense creditors. In addition to the different lenders, the Joint Administrators are aware that one of the directors had injected a significant amount of his own money in an effort to continue trade.

Administrators' statement of proposals (2026-09-16) · Companies House register

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Muscle Foods Limited (09019725)

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