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UK-based food wholesaler collapses into administration after 6 years in business
The wholesaler supplied more than 2,500 products and made over 40,000 deliveries before administrators were appointed, according to The Gazette.
- Q Movers MFS Ltd, which operates as Rylance Farm Foodservice, collapsed into administration after six years of trading, with joint administrators Andrew David Rosler and Nick Clarkson of Ideal Corporate Solutions Limited appointed on September 3.
- Accounts for the year ending October 31, 2024, obtained by Business Sale Report, revealed the wholesaler's turnover fell to £16.8 million from £21.6 million the previous year, signaling financial strain.
- The company supplied more than 2,500 products to UK caterers using a fleet of over 30 temperature-controlled vehicles to complete more than 40,000 deliveries, stocking major brands including Walkers, Nestle, Tetley, Pepsi, Birds Eye, and Coca-Cola.
- Rylance Farm Foodservice's address in Burton is listed as "permanently closed" on Google, while administrators have eight weeks to formulate proposals under the Insolvency Act 1986 for creditor consideration.
- The administration will automatically end after 12 months unless extended by court or creditors, as this UK-based collapse reflects a broader year of retail sector insolvencies across the country.
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Food wholesaler QMover MFS enters administration six years after launch
UK food wholesaler QMover MFS Ltd has entered administration six years after the company was incorporated. The business, which is based at Rylance Farm Industrial Estate in Barton under Needwood, Burton upon Trent, appointed joint administrators on September 3. QMover MFS Ltd, company number 12968664, operated in the wholesale of food sector. Andrew David Rosler […]
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Total News Sources15
Leaning Left2Leaning Right0Center12Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
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