Less than one year after its acquisition by potato business Tuber Group, UK fresh produce company MyFresh has entered administration. MyFresh has hired Conrad Alan Beighton and Dane O’Hara from Leonard Curtis to act as administrators. The company was declared insolvent on 20 April and the deadline to find a buyer is 15 June.
Based in Bedfordshire in the UK, MyFresh processed freshly prepared vegetables for the B2B and foodservice sector. The company employed circa 150 staff at its processing facility in Chicksands.
In the administration document from Leonard Curtis, the advisory firm reported that MyFresh has made an operating loss of £3.16m ($3.9m) for the period 1 June 2022 to 28 February 2023.
Source: just-food.com