266 staff have been made redundant at the firm.
It comes after production was halted across the company’s sites and products were recalled after an investigation was launched by the Food Standards Agency (FSA) into allegations of non-compliance with food hygiene regulations.
Chris Pole and Mark Orton from KPMG Restructuring have been appointed joint administrators.
Headquartered in Derby and operating from six production sites in Liverpool, Birmingham, London, Boroughbridge, Exeter and Fife, the company supplied meat to a number of hotels, restaurants and pubs across the UK, including the Wetherspoons pub chain.
It employed 302 people.
Chris Pole, partner at KPMG, said: “The recent product recall and halt in operations has caused significant customer attrition and trading difficulties, which in turn has led the directors to take the decision to place the company into administration.
“Regrettably, with little prospect of production restarting on site, a total of 266 people have been made redundant. Our priority over the coming days will be to work with all affected employees to provide the assistance they need in claiming monies owed from the Redundancy Payments Office.
“We will also be seeking buyers for the business and its assets. Any interested parties are advised to contact us as soon as possible.”