£5 Million Debt Drives Food Firm Closure

£5 million debt drives food firm closure

An East Kilbride food wholesaler Enterprise Foods Limited has collapsed with 71 people losing their jobs.

Scottish food supplier collapse hits farmers as 71 jobs lost

A key route to market for Scottish farmers has collapsed after a food supplier went into liquidation, leaving 71 workers redundant after 35 years in business.

Shock Collapse Of Scottish Supplier Leaves 71 Jobs Gone And £5m Hole

A Scottish wholesale food supplier has collapsed into liquidation, resulting in the loss of 71 jobs and exposing debts of more than £5 million.Enterprise Foods Limited, which traded as Localist, has ceased trading after efforts to refinance and restructure the business proved unsuccessful. The company, based in East Kilbride, had operated for more than three decades, supplying thousands of products to retailers across Scotland and beyond.Liquida…