Ian Brown and William Kenneth Dawson of Deloitte have been appointed Joint Administrators of the Company (formerly known as PannKrisp Limited).

The Company employs 190 people and supplies a range of freshly prepared ready meals to the Grocery sector from its site in Wrexham, North Wales.

Ian Brown comments: “Our appointment follows a difficult trading period and rising commodity costs, as a result of which the directors concluded that the Company could not continue to trade in its current form.  After discussions with customers, suppliers and employees it is my intention to allow the Company to continue to trade in the short term to determine whether a buyer for the business can be found.”

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Notes for editors

About Deloitte
In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country’s leading professional services firms, providing audit, tax, consulting and corporate finance services. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein whose member firms are separate and independent legal entities.  Neither DTT nor any of its member firms has any liability for each other’s omissions.  Services are provided by member firms or their subsidiaries and not by DTT.  Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.  The information contained in this press release is correct at the time of going to press.