NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Food / Culinary
Written by / Agency / Source: FRP Advisory, LLP
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Polestar Foods Appoints Administrators, FRP Advisory, LLP - FRP Advisory, LLP appointed Joint Administrators to PoleStar Foods Limited and Okehampton Desserts Limited
Polestar Foods Appoints Administrators, FRP Advisory, LLP

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/02/08 - FRP Advisory, LLP appointed Joint Administrators to PoleStar Foods Limited and Okehampton Desserts Limited.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food / Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

PoleStar Foods Limited and Okehampton Desserts Limited, the Okehampton based suppliers of own-label desserts and Heinz branded products, entered into administration on 4 February 2011 with the appointment of Joint Administrators, Phil Armstrong and Nick O’Reilly, partners at specialist restructuring, recovery and insolvency firm, FRP Advisory.

PoleStar Foods Limited and Okehampton Desserts Limited were acquired by Privet Capital in November last year, when the Companies were facing imminent collapse.

Commenting on the administration, Phil Armstrong said: “PoleStar Foods and Okehampton Desserts have been in difficulties since their formation in December 2009 and, indeed, the Companies were struggling under their previous ownership. Unfortunately, the restructuring of the business was not sufficient to ultimately solve the Companies’ cashflowproblems.

“The Companies unfortunately did not represent a viable purchase as a going-concern. The Directors, therefore, sadly had to make 232 employees at the Okehampton site redundant on Tuesday, 1 February, prior to our appointment. Our employee specialists, together with a local Job Centre team, will be on-site this week to advise all staff members on their best route back into employment and assist with their claims from the Redundancy Payments Office.

“We are now working towards an outcome where a buyer can be found for the operation, in the hope that some staff can be re-employed under new ownership.”

Interested parties regarding the sale of the business should contact Anthony Simmons and Steve Beattie, FRP Advisory, on +44(0)20 3005 4000.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Food / Culinary Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: FRP Advisory, LLP

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Food / Culinary articles,
CATCH Visitors via Your Competitors Announcements!


Polestar Foods Appoints Administrators, FRP Advisory, LLP

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Georgina Swain - FRPadvisory.com 
+44(0)20 7467 4005 nationalpressoffice[.]frpadvisory.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FRP Advisory, LLP securities in any jurisdiction including any other companies listed or named in this release.

Food / Culinary via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From FRP Advisory, LLP / Company Profile


Read Food / Culinary Most Recent Related Newswires:

Barry Callebaut Announces Opening of its New Chocolate Factory in Baramati, India
Bloom and Barry Callebaut Lead the Biomass Revolution
Barry Callebaut and Garudafood Announce Strategic Partnership to Distribute Van Houten Professional Products in Indonesia
Barry Callebaut launches '#oneBC', its Diversity & Inclusion Strategy
Chocolate Brand Red Chocolate to Appear on Home Shopping Network January 18th, 2021
La Morella Nuts Introduces its Mediterranean Nut Craft to the World
Barry Callebaut Inaugurates New Office and CHOCOLATE ACADEMY™ Center in Shenzhen, China
DSM and Padang & Co. Announce Strategic Partnership with FoodInnovate to Advance Food Innovation in Singapore
Japanese Chocolate Manufacturers, Artisans and Retailers Unite to Make Sustainable Chocolate the Norm
Singapore’s #1 Chocolate Factory for 23 Years Just Got Bigger with its 4th Production Line
Food & Beverage Market to Surpass Billion in 2020 in KSA and UAE Finds Frost & Sullivan
Barry Callebaut Launches BC LIVE - A Digital Events Platform
Barry Callebaut to Acquire GKC Foods in Australia
KSA and UAE Health & Wellness Food & Beverage Market to Reach .56 Billion, Reveals Frost & Sullivan
Barry Callebaut Opens World's First 3D Printing Studio to Craft Unseen Chocolate Experiences

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)