Wed, 14 Apr 2010 | ADMINISTRATION
Amesbury-based organic food producer Pure Organics Limited has entered administration after suffering from severe trading conditions and cash flow problems.
About 80 jobs have been lost as a result of the move at the business, which manufactures organic, frozen ready-meals, meats, vegetarian foods and desserts.
Tim Ball from the accountancy firm Mazars has been appointed as joint administrator to the company. He is presently working to find potential buyers for the business.
Ball commented: "It is very sad to see an independent company fail in this way and it is very much hoped that a buyer can be found for the benefit of its customer base and its creditors." He went on to invite any interested third parties to contact him.
Pauline and Gary Stiles started the business in 1996 in order to provide healthy alternatives to the "mass-marketed convenience food aimed at children".
The concept was inspired by the 'no additives' diet required for their daughter who was diagnosed with autism.
The company has won a handful of awards over the years including the LACA Outstanding Supplier of the Year Award in 2005 from the Local Authority Catering Association, and the Sausage Award for the South of England for services to the British Sausage in 2004 from the Sausage Appreciation Society.
Discover a substantial freehouse in North Norfolk, featuring a blend of charm and modernity with newly refurbished interiors and inviting letting rooms.
FREEHOLD
A unique opportunity to acquire a rare freehold public house set on approximately one acre in Hertfordshire.
FREEHOLD
New beautifully decorated Norfolk freehold riverside location with 100+ covers, Stowbridge lies between The Great River Ouse on one side, and the man-made Relief Channel on the other, The trade is nestled between the two rivers; giving a peaceful and...
FREEHOLD
02
|
Jul
|
East Midlands lanyard manufacturer acquired by global labelling giant | BUSINESS SALE
Humphreys Holdings Limited, an East Midlands-based designer ...
01
|
Jul
|
PE-backed accountancy swoops for 65-strong East Midlands firm | BUSINESS SALE
Private equity-backed accountancy Duncan & Toplis has acquir...
01
|
Jul
|
Manchester-based aerospace firm rescued with pre-pack deal | BUSINESS SALE
B&H.PT Limited, a Manchester-based aerospace manufacturer, h...
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.