of jobs go as Highbridge food firm enters administration
of jobs have been lost at a Highbridge food wholesale firm which
has gone into administration this week.
have this week been appointed administrators to BFP Wholesale,
a bakery ingredients wholesaler, located on the town's Isleport
"The company, which employs a total of 165 staff based across
four sites in Highbridge, Sevenoaks, Leeds and Livingstone, had
undergone a sustained period of declining revenues, which was
exacerbated by the withdrawal of its credit insurance," a
spokesman for KPMG told Burnham-On-Sea.com.
company subsequently ceased trading before the appointment of
the joint administrators."
their appointment, the administrators made a total of 74 redundancies
at Highbridge and Sevenoaks."
administrators are looking at the options for all the sites which
includes seeking a buyer for the business and its assets."
and Highbridge's Mayor, Cllr Michael Clarke, told Burnham-On-Sea.com:
"This is terrible news, it's very sad to hear of so many
jobs being lost. My thoughts go to all those who are affected."