Mona Island Dairy Limited - Administration

Mona Island Dairy Limited, a Welsch cheesemaker that just opened its doors two years ago, entered administration on 7 June.

Anthony Collier and Phil Reynolds of FRP Advisory were appointed joint administrators, and have revealed that the company was unable to raise the funding needed to continue operating and 24 of its 50 employees have been made redundant.

Dairy Investments B.V. and Klooster Zweeloo Beheer B.V. have registered charges against the company.