Cumbria food manufacturer goes into administration
The Ultimate Food Company which has been trading out of Kendal in Cumbria for 30 years has gone into administration and has ceased trading.
Ian McCulloch and Dean Watson of Begbies Traynor have been appointed as join administrators of the family-run firm.
McCulloch said: “Ultimate was an established, well recognised and highly regarded food manufacturer which has unfortunately ceased to trade due to a number of issues.
“We are currently in the process of marketing the business and assets for sale and should there be any interested parties then please get in touch.”
Watson added: “Action has been taken to minimise the impact of the administration on customers and to seek interested parties that may want to continue with this highly respected business.
“This course of action should assist in maximising the returns to creditors by allowing increased asset realisations.”