THE founder of high-end Devon food company Eversfield Organic Ltd has vowed to bounce back, after the company fell into administration with debts of nearly £7 million.
The Okehampton-based business, which sold produce in London’s upmarket Selfridges, fell into severe financial difficulties and blamed postCovid changes to shopping habits, which made its stores in Totnes, Tavistock and Marlborough, in Wiltshire, unsustainable, with all now closed.
Administrators at accounting consultant Mazars this week published their proposals and said it is not feasible to rescue Eversfield Organic as a going concern. Documents filed at Companies House revealed debts of nearly £7 million.
This story is from the April 30, 2024 edition of The Herald.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 30, 2024 edition of The Herald.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Labour 'Not Scaling Back On Ambitions' - Starmer
SIR Keir Starmer has denied he is scaling back Labour's ambitions as he launched the party's doorstep offer to voters ahead of the general election.
WELL DONE ARGYLE!
RAFFERTY PRAISES PILGRIMS ON STAYING UP
Rosenior rules out taking on Argyle job
LIAM Rosenior will not be the next Plymouth Argyle head coach, according to a report from national football journalist Alan Nixon.
The Argyle quartet with plenty to prove in the new season
THE 2024/25 CAMPAIGN WILL BE A A BIG ONE FOR YOUNG PILGRIMS
Fury promises fireworks in and out of ring
BOXING Tyson Fury is ready to step up his mind games with Oleksandr Usyk as he promised to break new ground with his ring walk in Riyadh on Saturday.
Norris: I'm ready for the Bull fight
LANDO Norris says his maiden Formula One win has provided him with the platform to challenge Max Verstappen for the world championship.
Age limits planned for sex education
CLEAR age limits on the teaching of sex education aim to ensure children are not \"exposed to too much too soon\", the Government said, as it published new proposals on the topic.
Search for remains of abduction victim
POLICE ACT ON NEW EVIDENCE IN CASE OF 1969 KIDNAPPING
Fico shooting: Man charged
SLOVAKIA'S interior minister said yesterday that a \"lone wolf\" has been charged in the shooting that seriously wounded Prime Minister Robert Fico.
'Jail me for a long time'
PLEA FOR SUPPORT IN PRISON
