Latest News

TQF calls in the administrators again

(14 August 2006 16:23)
TQF logo

A Bristol-based cooked meat producer whose customers included fast-food chains and foodservice providers has gone into administration for the second time this year. 

TQF recently appointed PricewaterhouseCoopers (PWC) as joint administrators after tumbling customer orders led to a cash-flow crisis. 

The company, which turns over £2.5m a year, makes and supplies frozen and chilled cooked meat products to local and national customers at its factory in Yate. 

On Thursday (10 August), PWC announced that 30 of the TQF’s 40 staff had been made redundant. 

“TQF is a well-established local business,” said Cropper. “Our key priority now is to work hard to secure the sale of the business as a going concern.”

Article continues below

TQF was originally the meat manufacturing arm of Canterbury Foods, which went into administration with PWC this January. 

Canterbury Foods was sold to Medway Foods while the meat business was acquired by TQF, a company set up by catering supplier W&W Foods for that purpose. 

W&W Foods includes catering butcher WW Fresh Food and sausage maker G White & Co.

By Angela Frewin

 

Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%.

Sudoku
Join the craze and play Sudoku online!
Newswire
For the latest hospitality news, sign up for our e-mail news alerts.

Source: CatererSearch

Spread the word:   related bookmark it! diggit! reddit!

SPONSORED LINKS

 
23rd November 2008