Orchard House Foods, the UK prepared fruit, fruit juice and desserts supplier that went into administration in January, owed £56.8 mln to creditors. The Gateshead facility closed down in December with the loss of 321 jobs and in January, after Orchard House entered administration, 591 employees were made redundant in Corby.
Administrator Grant Thornton has recovered £1.2 mln of the money the company was owed by debtors and is reviewing the value of Orchard House’s leasehold facilities in Corby in the English Midlands and Gateshead in the north-east of the country. Plant and machinery is to be sold off, as is the Johnson’s Juice brand and ExtraFresh patent technology.
But for those seeking recompense from the sale of Orchard House’s assets, the administrator warned preferential creditors that “any distribution is uncertain at this time”.
Source: just-food.com