Fri, 21 Feb 2020 | ADMINISTRATION
Shrewsbury-based catering company MPM Catering has entered administration, appointing Mazars LLP to help achieve a sale.
MPM Catering trades as Cook Street and specialises in “street food” style catering at events and private functions across the UK, such as industry events and Royal Horticultural Society shows.
Its high-volume offerings include burgers, fish and chips, waffles, pulled pork, pizza and more, all served from mobile kitchens, as well as collaborations with guest traders.
Established in 2009 and operating from leasehold premises in Shrewsbury, it is a family-run business with a skilled workforce as well as a fleet of catering trailers, on-site support and cold storage vehicles. It has 12 full-time employees, none of whom have been made redundant.
According to, the company’s most recent accounts, to the year ending March 31 2019, MPM Catering has total assets worth £245,000.
Conrad Pearson and Patrick Lannagan of Mazars LLP have been appointed as joint administrators for the business. Pearson said the business had been affected by the loss of its managing director, who passed away last year, while it had also experienced cash-flow difficulties.
Pearson added that: “The administrators are marketing the business and assets in the short term with the hope of achieving a sale. Any interested parties should make contact with Mazars in Manchester”.
The business for sale is a thriving Caribbean restaurant, which has been specialising in delicious and filling Caribbean cuisine since 2016. Serving a wide range of dishes including fried plantain, dumplings, jerk chicken and curry goat, the restau...
LEASEHOLD
The business has built up an excellent reputation within the area and further afield, for the very high quality of their fayre, which has resulted in a very loyal client base, with a high volume of footfall and passing trade along with regular online...
LEASEHOLD
This well-known and unique restaurant has been successfully trading for 15 years. The business has built an enviable reputation for offering a truly authentic Spanish/Mediterranean experience. The premises encompass a relaxed atmosphere with staff of...
LEASEHOLD
|
10
|
|
Apr
|
Iconic retailer Debenhams falls into administration once again | ADMINISTRATION
The long-established British retailer Debenhams has appointe...
|
09
|
|
Apr
|
Long Eaton furniture manufacturer enters administration | ADMINISTRATION
Long Eaton-based furniture group JDP Furniture has entered a...
|
08
|
|
Apr
|
Insurance broker bought out of administration | BUSINESS SALE
Flintshire-based insurance broker Staveley Head has been acq...
Sign up to receive our acquisition alert emails to get your FREE guide
|
24
|
|
Mar
|
Halifax arts trust calls in administrators | ADMINISTRATION
The Square Chapel Trust and its subsidiary Square Trading Lt...
|
14
|
|
Aug
|
Egg supplier enters administration | ADMINISTRATION
Egg producer Blackdown Hills Enterprises Limited has been pl...
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