169 jobs go as Crawley firm is put into administration

Pasta Reale in Fleming Way, Crawley

Pasta Reale in Fleming Way, Crawley

First published in News by , Business editor

A PASTA company has gone into administration leaving 169 people jobless.

Pasta Reale, based in Crawley, suffered a gradual loss of customers over the past year with managers forced to put it into administration yesterday.

The firm manufactured fresh pasta and filled pasta from its headquarters on Fleming Way, near Gatwick Airport.

BDO LLP business restructuring partners were appointed joint administrators.

Matthew Tait and Kim Rayment The Company, based in Crawley, West Sussex, was a manufacturer of fresh pasta and filled pasta products.

The Company has ceased to trade and, regrettably, it has been necessary to make 169 employees redundant.

The Joint Administrators are currently seeking a purchaser for the facilities and assets of the Company.

Matthew Tait, BDO business restructuring partner, said: "The Company experienced a gradual loss of custom over the past year and, as a result, has experienced a deterioration in its working capital position.

“Despite the best efforts of the Company's directors and stakeholders in the past months, the directors were left with no option but to place the Company into administration.

“Going forward, we will seek to achieve a sale of the Company's facilities and assets and maximise recoveries for creditors."

Comments (1)

Please log in to enable comment sorting

6:39pm Wed 27 Aug 14

NathanAdler says...

There's jobs going at Metrobus. 22k a year rising to 26k after 2 years.

Paid training given.
There's jobs going at Metrobus. 22k a year rising to 26k after 2 years. Paid training given. NathanAdler
  • Score: 2

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree