A WORCESTER butcher shop which suddenly closed due to over £1.5million is now in liquidation.
D&M Meats Ltd’s listing on Companies House has been updated weeks after a sign was placed on the door of business premises, in Venture Business Park, saying: ‘Unfortunately D&M Meats Ltd has now gone into administration .”
The website of Companies House, the government’s business registrar, shows that the “beginning of liquidation” of D&M Meats Ltd began on January 19 when insolvency firm Eileen Sale was named.
The listing also now states that the company’s status is “in liquidation” with a “liquidation resolution” signed by the company’s president, Michael Jacob.
As previously revealed by this article, a list of creditors revealing the extent of the company’s problems, up to January 12, shows the butchers owed £1,628,190.17 to a total of 60 companies.
The list of creditors shows businesses in the UK and overseas owed significant sums, including £104,968 owed to South Pacific Meats Ltd in Teddington, £95,000 owed to Tulling Meat Import in Rotterdam in the Netherlands and £93,687 owed to Hewitt Meats of Loughgall, Northern Ireland.
HenHouse Wholesale Ltd is also listed as one of the creditors owing £97,828. A spokesperson for the Preston-based company told us: ‘I saw (D&M Meats) owe something like £1.7million, I just want to know what happened to the company to owe this amount.
“To be honest, I feel frustrated, I can’t get over it. Creditors won’t get anything I suspect.”
READ MORE: Director of D&M Meats in Worcester is also director of wholesaler R&J Meats
READ MORE: Customer disappointment as D&M Meats closes
Businesses in Worcestershire are also being paid out – the list says Crown House Developments in Blackpole East owes more than £26,000 and Clearaway in Droitwich and Bennetts Farm in Lower Wick both owe more than £600.
It is not known how many employees were laid off.
We made numerous attempts to contact insolvency firm Sale Smith & Co – whose number was left with the note on the door from D&M – but got no response.
A reporter also tried to speak to Mr Jacob, including at a Bransford Road address listed for him, but the attempts proved unsuccessful.