Company Rescue Businesses for Sale – Assets for disposal

Published on : 5th February, 2019

Table of Contents

  • Short Notice  (SOLD) Business Sale Offering

Business for Sale

Short Notice  (SOLD)
Business Sale Offering

Excellent Opportunity to Acquire a Well-Established Specialist Vehicle Delivery Service Provider
Proposed business sale by way of a sale of the assets.

Brief Outline of Business

  • Specialists in nationwide bulk car, van and caravan transport and delivery;
  • Large modern fleet of car transporters, tractor units and specialist transporter trailers;
  • Previous annual turnover levels have been in excess of £8M;
  • Long established client relationships and service level agreements with major industry names;
  • High security leasehold premises, together with modern fleet maintenance facilities.

Quantified expressions of interest to be received no later
than 16:00 on Thursday 14 February 2019

Viewing available by appointment only.

For further details, please visit our website at www.charterfields.com or
alternatively by emailing us at [email protected] quoting “9191”

Kane’s Foods Goes Into Administration

A total of 662 jobs have been lost after Kane’s Foods in Evesham entered administration. PwC has been appointed as administrators and is now liaising with the town’s MP Nigel Huddleston and the Department for Work and Pensions. This is to ensure affected employees receive appropriate support and advice. Kane’s Foods was one of the largest employers in Evesham and had been a major part of the local economy for many years. Mr Huddleston had visited the business on a number of occasions. He said the closure would have a massive impact on local families and the wider community. “The closure of Kane’s Foods is devastating news for the Vale of Evesham and, most importantly, for the hundreds of people and families who have lost their jobs. “I was contacted by PwC this morning, who have been appointed as administrators, and they confirmed the company has entered administration with the loss of 662 jobs.” He added, having spoken to many of Kane’s employees over the years, he knew just how many local families have relied on it for their livelihoods. Mr Huddleston added: “My thoughts are very much with all those employees who have been affected, and with their families, at what will be an incredibly difficult and worrying time. “Understandably, many will have questions about redundancy payments and will want help finding alternative employment as quickly as possible. “It is not yet clear whether any parts of the business may be sold, and I am also conscious that the collapse of such a significant local employer could have a knock-on impact on other businesses in the supply chain. “I will continue liaising with all relevant stakeholders, and my team and I will provide whatever practical support we can to constituents affected by this devastating news.” He added further updates would be given as more information became available, including on support for employees and the future of any remaining parts of the business. Administrators appointed Timothy Andrew Higgins, Edward Williams and Helen Wheeler-Jones of PwC were appointed Joint Administrators of Kanes Foods Limited. Kane’s is a short-shelf-life food manufacturer producing pre-packaged salads, stir-fry products and sauces from a refrigerated manufacturing site in Evesham. It supplied a number of major UK supermarkets. Kanes Foods experienced financial difficulties in the period leading up to the administration. In June 2025, the failure of its wastewater treatment plant resulted in significant one-off costs and increased ongoing operating costs. This was followed by drought-related supply chain disruption during summer 2026, which further impacted trading. The directors explored refinancing and new funding options, and an accelerated sale process was subsequently undertaken. However, the company’s ongoing losses, negative cash flows and funding requirements meant that a solvent solution could not be achieved. The joint administrators will now manage the affairs of the companies and take steps to maximise realisations for the benefit of creditors.

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Kane’s Foods Goes Into Administration

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