Bonculina’s Uk Unit Anglia Crown Enters Administration

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Anglia Crown had already ceased trading anterior to nan appointment, Kroll added successful nan connection provided to Just Food.

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Parent institution BonCulina snapped up meals manufacturer Anglia Crown successful 2023. Financial position for nan Colchester, east-England-based business were not disclosed astatine nan time. The UK portion provided meals for sectors including healthcare, acquisition and firm customers.

Just Food understands that astir 130 Anglia Crown labor were made redundant aft nan business ceased trading.

Benjamin Wiles, a managing head astatine Kroll, said successful nan statement: “Our contiguous privilege is to reappraisal nan position of nan business and find nan champion imaginable result for each stakeholders.

“We recognise this is an highly difficult clip for those who person been made redundant arsenic a consequence of nan administration, and we are committed to providing them pinch each due guidance during this process.”

Back successful 2023, Anglia Crown marked nan 2nd woody struck successful nan UK by BonCulina. It bought basking nutrient vendor Bon Appetit successful 2021, conscionable months aft announcing its plans to grow successful nan country, pointing to nan “strength” of its foodservice market.

“Acquiring Anglia Crown was nan adjacent logical measurement for BonCulina,” David Garland, BonCulina’s managing director, said astatine nan time.

The past accounts revenge pinch Companies House showed Anglia Crown generated income of £20.2m ($26.4m) successful nan twelvemonth to 31 December 2023 versus £17.7m successful nan corresponding 12 months.

It generated EBITDA of £350,138, compared to £206,010. Net profit aft taxation fell to £105,744 from £650,337.