Administrators have been appointed at a farming business which is also behind a well-known Cheshire attraction, placing more than 100 jobs at risk. Buyers are now being sought.
Siann Huntley and Andy Beckingham, of Leonard Curtis Business Rescue & Recovery, have been appointed joint administrators of Stockley Farm Partnership.
Stockley Farm specialises in arable and dairy goods, and also operates as an open farm. It is set in almost 700 acres in Northwich.
The business has suffered in recent times as a result of reducing profit margins, together with ongoing investment required for general maintenance on the farm. Consequently, legal action was taken by a creditor and the partners had proposed a voluntary arrangement.
Unfortunately, this proposal was rejected. As a result, the partners and other stakeholders took the necessary steps to protect the company. This led to the appointment of the administrators.
Stockley Farm remains open for business and is continuing to trade as usual for the foreseeable future whilst the situation is assessed.
Huntley said: “We are currently assessing the business’ financial position to ascertain which parts of it can be saved. The farm is a well-known local attraction and has won a number of awards and accreditations for the great work it has carried out in the community. We will be working closely with the partners and stakeholders to achieve a positive outcome for all.
“While the position is being assessed, regrettably a small number of the casual workforce will not be continuing with the business moving forward. We would encourage any parties with an interest in the business to contact us as soon as possible.”
For further media information, please contact Karen Winstanley or Sue Souter at Souter PR on 01625 839 319 or email firstname.lastname@example.org / email@example.com
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