Hesper Farm Dairy Limited – liquidation

Hesper Farm Dairy Limited, a Skipton-based farm which was the first UK producer of Icelandic-style skyr yogurt products, entered creditors’ voluntary liquidation on 25 August. The company retailed its products through a number of independents and local branches of UK supermarket chains. However, the impact of increasing logistics costs, coupled with broader economic headwinds, meant that in recent months, a number of its contracts had become loss-making. The company ceased to trade prior to the commencement of the liquidation process, having made its employees redundant. Howard Smith and Rick Harrison from Interpath Advisory were appointed joint liquidators. Npif Tvc Debt LP has a registered charge against the company, in respect of which over £138,000 is still outstanding.