Roger Marsh, Derek Howell, Stephen Oldfield and Ian Stokoe from PricewaterhouseCoopers were appointed joint administrative receivers yesterday to the company based at Wesbury in Wiltshire.
Directors of United Milk were forced to appoint receivers after it hit cash problems sparked by losses from its newly commissioned plant.
Joint receiver Roger Marsh remained hopeful: ‘We shall be holding urgent talks with suppliers over the course of the next few days and believe that with their support we have the best chance to try and secure a future for the plant.’
United Milk has capacity to produce 2.4 million litres of milk per day, employs 125 people and has an annual turnover of £100m.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children