TQF fails again after takeover

- Last updated on GMT

Related tags: Meat products, Sales

More than 30 staff at cooked meat products firm TQF could lose their jobs unless administrator PricewaterhouseCoopers (PwC) is able to sell the...

More than 30 staff at cooked meat products firm TQF could lose their jobs unless administrator PricewaterhouseCoopers (PwC) is able to sell the business as a going concern.

TQF, based at Yate, Bristol, supplies frozen and chilled meat products to manufacturers, retailers and caterers and has sales of £2.5M a year. Staff at the factory, which was originally part of the (defunct) Canterbury Foods Group, were told in January that their jobs were safe after the site was sold to TQF, a company incorporated for the purpose by W&W Foods.

However, orders have dropped in recent months and cash-flow problems finally tipped the company into administration, said Nick Cropper, joint administrator and a director at PwC.

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