Mon, 03 Oct 2011 | ADMINISTRATION
Avilton Foods, the Exeter-based supplier of some foods for Jamie Oliver's food range, has been sold in a pre-pack administration deal.
The company will now trade as Viva Food, according to Insider News, and will continue with its business of supplying imported foods. The new company was incorporated on 22 August this year, but it is not yet known about the future of the company's 22 workers.
The company had been in business for 20 years, trading as Avilton, before having to call in the administrators. It had been working with Jamie Oliver since 2004, when he launched his range of Mediterranean food products.
The last set of company accounts for Avilton, filed for the year to 30 September 2009, showed that the company's turnover had fallen to £36 million, down from £48.5 million in the previous year.
In a statement that accompanies the figures, the contract with Jamie Oliver was described as "performing strongly", by Avilton managing director, Henry Charteris.
He also said in the statement that he considered the 2009 results to be strong in the context of the "current global economic climate".
The pre-pack deal was handled by the company's joint administrators, Simon Thomas and Robert Pick, from Moorfields Corporate Recovery.
Once a thriving online garden centre started in 2018, after an internal dispute the business stopped trading in 2022. In a space of just 3 years the business achieved £500k in turnover. This is a perfect opportunity for someone looking for a new...
Presenting an opportunity to acquire a very profitable plumbers and heating merchants business operating nationwide.
Popular and well-regarded Sushi and Ramen restaurant and takeaway, which is situated in a prime city centre location in Norwich. The premises are set over three floors and are presented to an extremely high standard throughout and offers the opportun...
LEASEHOLD
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.