# Plant and Bean Ltd (12064792)

> Why UK company 12064792 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12064792

- **Status:** Administration ended
- **Administration began:** 2023-05-31
- **Administrators:** James Richard Clark, Howard Smith
- **Administrators' firm:** Interpath Advisory
- **Formerly:** The Plant and Bean Based Company Limited
- **Incorporated:** 2019-06-24
- **Location:** Leeds
- **Industry:** 10612 Manufacture of breakfast cereals and cereals-based food

## Why it went into administration

- Sustained trading losses
- Rising costs / inflation
- Energy costs

## From the administrators' statement

Plant and Bean Limited (the ‘Company’) was incorporated on 24 June 2019 and was set up as a joint venture between The Brecks Company Limited (‘Brecks’) and Nove Foods Limited (‘Nove’), the latter being a Thai-based subsidiary of NR Instant Produce Public Company (a listed company in Thailand).

The Company traded from premises at New Hammond Beck Road, Wyberton Fen, Boston, Lincolnshire (the ‘Property’), which it owned on a long leasehold basis. It operated as a food manufacturing business, in the plant-based protein sector.

The Company also holds a 49% share in Plant and Bean (Thailand) Co Ltd (‘P&B Thailand’), which owns a near-complete food manufacturing facility, which is located north of Bangkok. P&B Thailand is not yet trading.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12064792/filing-history/MzM4NjE0NDk0M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12064792

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.