Sangs (Banff) Limited (SC058704): administration
- Status
- Administration ended
- Administration began
- 2012-01-16
- Administrators
- Elizabeth Galbraith Mackay, Anne Clare O'Keefe, Ryan Kevin Grant
- Administrators' firm
- AlixPartners
- Incorporated
- 1975-10-06
- Location
- Glasgow
- Industry
- 11070 Manufacture of soft drinks; production of mineral waters and other bottled waters
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The business was originally established in 1896 in Aberdeen and moved to MacDuff in 1974. It operates primarily as producer of both natural and flavoured water, along with carbonated soft drinks including MacB, Sotripe, Deveron Spring and Moray Cup, The production division is located in Macduff where the Company utilises water from a natural spring to produce the various drink products. The Company supplies branded and own brand products to numerous retailers and multiples, including Asda, Tesco, Morrisons, Sainsburys, Scotmid and Greggs.
The Company also operates a wholesale division that supplies beverages and snacks to various small retailers, predominantly throughout Scotland.
The Company has granted the following securities:
Administrators' statement of proposals (2012-03-02) · Companies House register