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”.
Its traditional setting and Italian charm provide an ambience which the owner firmly believes cannot be found elsewhere and he calls it a Hitchin fine-dining gem! The delicious menu is heavily influenced by the owner's Venetian roots, using only the...
LEASEHOLD
The business benefits from its location on the edge of a new food court with a complete building refit including a newly fitted restaurant, fixtures, fittings and equipment costing an estimate of around £400,000! There is a state-of-the-art kitchen a...
LEASEHOLD
Supplies food servery counters and restaurant and catering equipment for clients throughout the UK. Prides itself on providing a professional, flexible and cost-efficient service at every stage of the process, from initial project design through to c...
LEASEHOLD
|
20
|
|
May
|
Administrators seek buyer for gourmet instant noodle brand | ADMINISTRATION
Bournemouth-based instant foods brand Mr Lee’s Pure Fo...
|
19
|
|
May
|
Knights continues acquisition-lead growth strategy with £11.5m deal for law firm | BUSINESS SALE
Legal services company Knights has acquired Portsmouth-headq...
|
18
|
|
May
|
Insolvencies forecast to surge 37 per cent in 2022 as inflation hits 40-year high | BUSINESS NEWS
Businesses in the UK look set to come under continuing press...
Sign up to receive our acquisition alert emails to get your FREE guide
|
06
|
|
May
|
Cheshire-based wholesaler goes into administration | ADMINISTRATION
Cheshire-based wholesaler Scott Brothers Limited (SBL) has g...
|
15
|
|
Apr
|
Bristol-based transport training company goes into liquidation | ADMINISTRATION
Bristol-based transport training course provider PB Transpor...
|
24
|
|
Mar
|
Halifax arts trust calls in administrators | ADMINISTRATION
The Square Chapel Trust and its subsidiary Square Trading Lt...
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