One of Lancashire’s oldest farming firms has entered administration, it has been confirmed.
Joint administrators, Paul Flint and David Standish from KPMG, are trying to find a buyer for Riley Brothers abattoir and meat processing business, based in Dunnockshaw, Burnley.
The business, which employed 131 people, ceased trading in December 2015 after experiencing significant cashflow difficulties which resulted in all members of staff being made redundant.
Paul Flint, associate partner at KPMG and joint administrator, said: “We are assisting the employees through this difficult time with making claims to the Redundancy Payments Office for their wages and other associated redundancy claims.
"The business is one of the largest independent abattoirs in the North of England, holding BRC accreditation focusing primarily on sheep throughput for the Halal wholesale market in the UK and EU, but also having beef capabilities.
"The premises consist of an abattoir facility which was extended and fully renovated in October 2014 to enable throughput to increase to 12,000 sheep per week; a farm comprising three freehold dwellings; a butchers shop; and an additional 60 acres of agricultural land.
"We are now seeking a buyer for the business and its assets, and would urge any interested parties to contact the joint administrators as soon as possible.”