Northern vegan food company Meatless Farm has entered administration and made its staff redundant, citing a lack of demand for meat-free products.
The Leeds-based company, first established in 2016 by Danish entrepreneur Morten Toft Bech, has become a fixture in major supermarkets over the years – establishing itself in the US, China, and several European countries, and at its peak selling over £11m worth of its plant-based ‘meat’ alternatives.
It had become well known for its meat alternatives with mince, chicken breasts, sausage and burgers once a popular choice, but now after a ‘difficult period’ the company has ceased trading, reports The Hoot.
Image: Meatless Farm
Image: Meatless Farm
On Friday 9 June 2023, Meatless Farm’s 50-strong workforce were made redundant and yesterday 13 June, the company entered administration.
Commercial director Tim Offer announced on his LinkedIn profile: “Sadly, my time at Meatless Farm has come to an end… the business has unfortunately made all the teams redundant.
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“I learnt a huge amount in a short space of time and have absolutely loved the people and the brand.”
Image: Meatless Farm
Image: Meatless Farm
Interim finance executive John Loughrey added: “Sadly things have not worked out for Meatless Farm so I am now looking for my next assignment, as will numerous other colleagues.
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“I have had a great time in a fantastic company, and have had the honour and pleasure of working with some amazing people. It is a shame the company has not made it through this difficult period and I wish all my former colleagues the best of luck for the future.”
Last month the company hired restructuring specialists Kroll in hopes of finding a buyer for the business.
Kroll announced yesterday that Geoff Bouchier and Benjamin Wiles have been appointed joint administrators to oversee the financial management of the business.
It comes amidst a slump in the overall demand for meat-free products.
Sausage producer Heck, also based in Yorkshire, recently reduced its vegan range citing a similar lack of customer demand for meat-free products.
While some parts of the vegan food industry continue to perform well, such as plant-based milks, cheese and yoghurt, analysis suggests that demand for plant-based ‘meats’ has slowed down.
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Daryll Umali, Managing Director at vegan food company Moving Mountains, said: “With one less brand advocating the environmental agenda, the news of Meatless Farms administration is a sad loss for the plantbased movement, and our thoughts are with all those who lost their jobs.
“However, we can confidently say this loss is not a reflection of the plantbased industry’s trajectory – the chopping and changing is part of the maturing process that comes with an evolving new industry.
“This is an exciting and fast-paced race to develop new and delicious products with advanced technologies and genuine IP. Some brands may unfortunately fall short through unsustainable business models, channeling disproportionate funds to brand building, and without a quality product to match the result is unprofitability – this is something our organically grown business isn’t subject to.
“In 2022, YouGov reported one in four consumers are reducing their meat intake. You only have to ask a group of millennials their coffee order (the answers an oat flat white) to hear the demand. And, the buoyancy and growth of Moving Mountains is testament to that unrelenting demand for plantbased options”
Featured image – Meatless Farm
Business
The local property developers helping Mancs buy a home without the large deposit
Emily Sergeant
A North West developer that specialises in creating Shared Ownership homes currently has eight new developments under construction across Manchester.
Getting your foot on theproperty ladder or taking the next step to owning a bigger home can be one of the most challenging things to do and is often not financially viable for a lot of people – and this is whereGecko Homes‘ unique Shared Ownership scheme comes in.
The developer is enabling first time buyers and other qualifying homebuyers to purchase shares in its homes instead.
With deposits from as little as £2,438, the scheme means residents can buy shares ranging from 10% all the way up to 75% instead and then pay rent on the rest, with the option to increase the share percentage at later dates, all the way up to outright ownership.
Gecko Homes is helping Mancs get on the property ladder / Credit: Supplied
As mentioned, the company is currently working on eight new developments across Manchester in some of the city’s most sought-after suburbs, and prospective buyers can now register their interest.
One of the most popular developments currently underway is ‘Tatton Place’ in Sale – which is a redevelopment of a historic Masonic Hall and police station into 31 homes, including two and three-bedroom houses, one and two-bedroom apartments, and several stunning duplexes, all with access to both private and communal gardens.
Another key development is ‘Emerald Way’ over in the popular Manchester suburban town of Chorlton, where prices start from £60,625 for a 25% share, meaning a buyer would only need a deposit of £3,031.
Over in West Didsbury is one of largest ongoing developments called ‘Two Didsbury Point’, which is a £20 million scheme of 76 affordable homes across two connected eight and five-storey blocks – 46 of those being for shared ownership – on the site of the former Withington Hospital, with an outdoor communal terrace and green spaces for residents to enjoy.
Another one of the developments currently in the works that prospective buyers can now register their interest for is ‘Boundary View’, which lies in the thriving Manchester community of Old Trafford.
“Our Shared Ownership model has transformed people’s lives by giving them a way onto the property ladder in a modern, stylish, and high-quality home that they can afford to live in,” explained Christina Tattersall, who is the Head of Sales at Gecko Homes.
Eight developments are currently underway across Manchester / Credit: Supplied
“All of our latest developments are already generating high levels of interest from local people who want to live in some of Manchester’s most popular and vibrant suburbs that all benefit from great amenities and regular transport links.
“Each development will be finished to a very high specification, with contemporary kitchens and bathrooms, as well as luxury floorings and quality fixtures and fittings throughout.”
Residents interested in any of these developments are asked to visit Gecko Homes’ website here to find out more and register their details now.
Prices shown are based on 25% Shared Ownership and a 95% LTV mortgage. All properties are bought as leasehold, with full terms applying, and prices shown may be subject to change and are a guide only.
Featured Image – Supplied
Business
Luxury Manchester gym and pilates studio mysteriously closes
Daisy Jackson
One of Manchester’s most premium fitness facilities appears to have closed down, leaving members and instructors in the dark.
A forfeiture notice has appeared at the entrance of Blok, a boutique gym and pilates studio in the city centre.
Members have been arriving for classes this week to find the luxury facility at Ducie Street Warehouse closed up.
Native Places, which owns the beautifully restored mill building near Manchester Piccadilly and operates the upper floors as an aparthotel, has confirmed that it’s taken ‘formal possession of the ground floor gym’.
Blok has said they believe that the forfeiture of their lease by landlords is ‘illegal’ and that the team are ‘working to get this resolved as a matter of urgency’.
The gym also stressed the Manchester is a ‘profitable site, which we have collectively worked hard to grow into a thriving, healthy business’.
With three different studios, Blok opened in Manchester in 2019 offering classes ranging from dumbbell-based weight training to barre and pilates, as well as boxing, calisthenics and HIIT workouts.
Last year, the gym introduced reformer pilates to its premium offering.
And just last week, Blok had been running a Crowdcube campaign selling shares in the business in exchange for exclusive investor rewards.
Blok Manchester is inside Ducie Street Warehouse, owned by Native Places
Their investment campaign cited 175% growth in membership over the last 12 months, and promised four new flagship sites forecast to generate £1.5m in profit annually.
Alas, it appears Blok Manchester is now closed. Members have been leaving comments on their Instagram posts asking for updates, and several people are posting TikToks saying they were unable to attend their class.
One person wrote: “Hello I’ve lost my personality as Blok is closed *cry*.”
She added: “You can still book but it’s all locked up, no one can enter the premises … I got one email that they’re having ‘trouble accessing the building’, confused why they’re still allowing people to book??”
Hello I’ve lost my personality as Blok is closed *cry* Good Pilates/Mat/Barre/ reformer studios in Manchester. Also please no say a place that costs the same as my kidney, because that’s not cool 🙂 #BLOK#manchesterpilates#MCR#FYP
A statement from Native Places said: “Native Places has taken formal possession of the ground floor gym following the sustained non-payment of rent by the tenant.
“This action marks the end of a six-year relationship during which Native has consistently supported the tenant in their occupation of the space.
“Unfortunately, due to continued non-payment, we have had no option but to follow the appropriate legal process. The premises have now been secured, and access is restricted.”
In a statement provided to The Manc, Ed Stanbury, CEO and Founder of Blok, said: “The closure of BLOK Manchester is due to the forfeiture of our lease by our landlords, an action that we believe to be illegal. We are working with our lawyers to get this resolved as a matter of urgency.
“Whilst there has been speculation around financial pressures that may have led to this situation, we want to be clear: BLOK Manchester is a profitable site, which we have collectively worked hard to grow into a thriving, healthy business.
“We’re incredibly proud of the team and community we’ve created in Manchester, and our focus right now is on supporting them as we navigate this.”
Georgina Pellant -
14th June 2023 
