All jobs saved with pre-pack sale of seafood wholesaler
Business advisory firm, Quantuma, says it has secured the future of D&A Seafood Solutions Ltd in a sale to Ramus (Grimsby) Ltd, saving more than 30 jobs.
Quantuma managing directors Sean Bucknall and Elias Paourou were appointed as joint administrators of D&A Seafood Solutions on 31 October 2024.
They completed the sale of the business and assets shortly afterwards to Grimsby-based company Ramus (Grimsby) Ltd, a supplier of fresh fish and seafood.
D&A Seafood Solutions operates from a site in Grimsby Fish Docks, and is a supplier of fish and seafood to retailers, restaurants, hotels and caterers from its British Retail Consortium (BRC) accredited site.
Quantuma says the sale provides clarity and job security for 32 members of staff.
The purchaser has taken on the D&A Seafood Solutions site and all employees were transferred to the purchaser under TUPE regulations.
Founded in 2015, D&A Seafood Solutions reported turnover of about £4.5m in 2023.
A Quantuma spokesman said: “Due to a series of challenging circumstances, the business entered into a Company Voluntary Arrangement (CVA) in April 2024.
“Unfortunately, the CVA was ultimately not viable and failed, and another solution was then required for the company and creditors, which led to the company subsequently entering into administration.”