Fish dealer Seatek in administration08 March, 2010 –
ANOTHER part of the troubled British Seafood Group is under the control of administrators.
Seatek UK, based on Billingsgate Fish Market and which also has a base in Grimsby, was placed in administration at the weekend.
Seatek (UK) Ltd and its subsidiary John Koch is a leading frozen, fresh and ambient fish and seafood wholesaler in Britain. With sales offices throughout the UK and Ireland, the company website says Seatek offers a ‘one stop shop for the wholesale and catering sector, controlling every aspect of the supply process from catch through to delivery.’ It looks after the whole supply process from buying the catches at the quayside through to storage, distribution and delivery to restaurants, fishmongers and fishnchip shops. The company employs around 65 staff and had a £39 million turnover last year.
Jason Godefroy and Andrew Stoneman, Partners at MCR, were appointed Administrators of Seatek (UK) Ltd, Oriental Delight Foodservice Ltd, and Vision Seafoods Ltd . Jason Godefroy and Declan Taite (FGS Partnership) were appointed Joint Receivers of Evergreen Food Services Ltd, based in Co Kildare, Ireland.
The Seatek administrators have indicated that while they are not sure what has happened, they were confident the problems are not due to market forces or other outside factors as the company appeared to be trading well. They will now go through the books to establish the full financial situation before, hopefully, trying to find a buyer for the business. As yet there is no news on jobs.
Two weeks ago the main British Seafood group, including Five Star Fish of Grimsby, was placed in the hands of the administrators Deloitte