Conrad Pearson and Patrick Lannagan of Mazars, the international accounting and advisory firm, have been appointed as joint administrators of MPM Catering Limited.
The company, which trades as Cook Street, operates from leased premises in Shrewsbury and provides high volume mobile catering to public events around the UK.
The family-run business was established in 2009, and specialises in ‘street food’ style catering with a “skilled” workforce and a fleet of catering trailers, on-site support and cold storage vehicles. Of the 12 employees, no redundancies are being made at this stage.
Pearson said: “This family-run business was understandably affected by the loss of their managing director, who passed away last year. In addition to this, trading has been affected by cash flow difficulties which has led the current management to conclude that they have no appetite for continuing the business.
“The administrators are marketing the business and assets in the short term with the hope of achieving a sale. Any interested parties should make contact with the Mazars in Manchester.”