date:Jul 24, 2012
ood manufacturers as they compete in price wars to keep customers.
Moorfields said the company started to experience financial difficulty in the fourth quarter of 2011 as a result of increased pressure from key customers. The company entered a Company Voluntary Liquidation (CVA) around this time.
Moorfields said: Unfortunately the company was unable to generate sufficient turnover to make the CVA work and ceased trading in May 2012.
Asset sale
Following a period of marketing, the administrat