Rectory Foods in administration
RECTORY Foods, a £45m turnover supplier of poultry, meat and vegetables to major food manufacturers, has been placed into administration, it has emerged.
Insolvency firm Leonard Curtis was appointed to the Manchester-based company and its sister company Rectory Food Ingredients, last month.
In 2011 Rectory moved its headquarters from Holmes Chapel, Cheshire to City Tower in the city centre.
The business had around 30 staff as of May 2012, when founder and chief executive Charles Woolley set out plans for future growth, an incentive scheme for staff and the launch of the stand-alone ingredients business.
In the year to July 31, 2011, sales increased by 34% in 2011 to £44.9m and pre-tax profits more than doubled to £394,436 (2010: £157,388).
Rectory was launched in the late 1990s by food broker Mr Woolley, 50, and grew into a pan-European business involved in sourcing, storage and supply as well as the packaging and marketing of poultry, red meat, vegetables and other food ingredients. Its own brands, included Woodbury Farm and Simply Chicken.
The Rectory Foods Ingredients business supplied frozen fruit and vegetables, seeds and pulses, garlic, ginger and dehydrated items including onions and mushrooms to manufacturers, processors, food service and retail customers.
Leonard Curtis declined to comment on the insolvency.
