The Meat Guyz Ltd (16155586): administration
- Status
- In administration
- Administration began
- 2025-12-04
- Administrators
- Paul Atkinson, Nedim Patrick Ailyan
- Administrators' firm
- FRP Advisory
- Incorporated
- 2024-12-30
- Location
- Orpington
- Industry
- 46320 Wholesale of meat and meat products
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated at Companies House on 30 December 2024, for the purpose of acquiring and operating a wholesale meat and meat products business. The Company entered into an agreement to purchase certain of Rox Meat Limited’s assets for a total consideration of £600k (“the First Agreement”). The Company operated from premises in South East London.
Under the terms of the First Agreement, the consideration of £600k was to be paid over two instalments of £300k each, with the first instalment payable on 6 January 2025 and the second payment due on 6 July 2025. The first instalment was duly paid by the Company.
Prior to the settlement of the second instalment, the parties entered into a substantive Variation Agreement dated 4 July 2025. Under the revised agreement, the remaining £300k due to Rox Meat Limited was to be offset against £177k owed by Rox Meat Limited to the Company, leaving a net balance of £122k payable. The Variation Agreement required an immediate payment of £75k on completion of the agreement, with two further equal instalments of £37.5k due on 30 September 2025 and 31 October 2025.
Administrators' statement of proposals (2026-01-15) · Companies House register