34 Redundancies as Price & Fretwell Shuts Down
Tibshelf, Derbyshire: A well-established family-run butcher has been forced to close its doors after 30 years in business, resulting in the redundancy of all 34 employees.
Price and Fretwell, an award-winning supplier of meat to restaurants, hotels, and educational institutions across the East Midlands and South Yorkshire, appointed liquidators on December 30th.
The company, known for its high-quality lamb, chicken, and aged beef, had faced significant challenges, including the lasting impact of the COVID-19 pandemic.
“The company has ceased trading partially due to the knock-on effects of COVID-19,” stated the administrators in a report published by The Business Desk.
Originally based in Blackwell, Price and Fretwell expanded its operations over the years, operating a fleet of eight delivery vans across its service area.
However, recent financial difficulties became apparent, with the company’s latest accounts (up to September 2023) revealing debts of up to £1.2 million owed to creditors.
Opus Restructuring has been appointed as liquidator to oversee the closure and manage the company’s assets.
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