TheVeganKind Ltd – administration

TheVeganKind Ltd, the UK’s largest 100% vegan supermarket, entered administration on 11 October. The company cited ongoing losses which could not be sustained with the current business model without additional funding. The assets and business were immediately bought out of administration by the largest shareholder via pre-pack sale, and the business continues to trade as normal. Alistair McAlinden and Blair Carnegie Nimmo of Interpath were appointed as Joint Administrators.