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”.
Explore the opportunity to acquire a renowned chain of 7 Thai restaurants, strategically located across London and the South East, boasting impressive turnover exceeding £10m.
LEASEHOLD
This is an exceptional opportunity to acquire a well-established group of family-run Italian restaurants with a strong local reputation in the West of Scotland.
FREEHOLD
This well-established Chinese restaurant in Birmingham offers a unique dining experience with its fresh take on traditional dishes, enhanced by an alcohol licence and seating for 105.
LEASEHOLD
09
|
Jul
|
Engineering group divests subsidiaries in strategic move | BUSINESS SALE
The Calder Group, a pan-European engineering group headquart...
08
|
Jul
|
Professional services consultancy acquires risk advisory specialist | BUSINESS SALE
A specialist risk advisory firm based in the West Midlands h...
08
|
Jul
|
Administrators appointed at leading maternity wear brand | ADMINISTRATION
A £30m+-turnover maternity fashion retailer worn by cu...
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
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.