Fri, 04 Jul 2025 | ADMINISTRATION
Kennelpak Limited, a private equity-backed pet products company, has fallen into administration. The Nottingham-headquartered company was founded in 1974 and specialised in wholesaling, manufacturing and distributing pet products, including food, accessories and care items.
In 2017, the company’s management team was backed by private equity firm Endless. Last year, Endless sold off the group’s retail division, Pets & Friends, which comprised 19 stores and 17 grooming salons, to PSR Trading.
Despite private equity backing and the group’s prominence in the industry, it fell into administration on July 3, with Kerry Bailey and Mark Thornton of BDO LLP appointed as joint administrators.
Upon their appointment, the joint administrators sold the Yakers dog chew brand, along with associated assets and stock to another private equity-backed firm, Asisi Pet Care, in a pre-pack deal that saved two jobs.
However, 51 jobs were lost across the wider group when it fell into administration and BDO is exploring options for a further sale of its remaining assets. Joint administrator Kerry Bailey said that Kennelpak was “a well-established operator within the pet food sector.”
She continued: “We are delighted to have secured a sale of the Yakers brand and continuity for the company’s suppliers and customers of a well-known brand. Regrettably, on appointment we have had to make 51 people redundant, and we are supporting them to make their claims to the redundancy payments service.”
In accounts for the year to March 31 2024, the group reported turnover of around £37.2 million, up from approximately £34 million a year earlier. £16.4 million was attributable to the now sold retail division, while the wholesale side of the group turned over £20.9 million. Post-tax profits stood at close to £630,000, compared to a loss of nearly £410,000 the previous year.
At the time, its fixed assets were valued at around £4.5 million and current assets at £16.3 million, with total equity amounting to £8.2 million.
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