Simtom Meals Merchandise, a UK enterprise producing ethnic-style condiments, has gone into administration.
The corporate, based mostly in Leicestershire within the English Midlands, has been impacted by Covid lockdowns and labour shortages, based on its administrator Interpath Advisory.
Most of its 60-strong workforce has been made redundant.
Based in 1977 by Jai Chandarana who, collectively together with his household, settled within the UK after the ethnic Asian group was evicted from Tanzania in east Africa, Sumtom produced primarily Indian sauces, pickles, chutneys and pastes below the Timtom and Chef’s Speciality manufacturers.
It equipped supermarkets and catering companies.
In an announcement, Interpath Advisory mentioned: “The family-owned enterprise has in the previous couple of years invested closely in rising its operations, however plans for implementation had been hampered by the onset of Covid-19 lockdowns. This, coupled with more moderen labour shortages, positioned vital stress on the enterprise, ensuing within the appointment of the joint directors.”
Joint administrator Tim Bateson added: “The Covid-19 pandemic has considerably impacted the implementation of Simtom’s strategic plans, which when coupled with the current labour shortages has had a big impression on this award-winning meals producer.
“Our quick precedence is to assist these workers who’ve been made redundant.”
Bateson mentioned the directors will likely be in search of affords for the enterprise and its belongings.
The corporate reported a turnover of GBP18m (US$24.9m) within the 18 months to 31 March 2020, based on figures filed with Corporations Home in London.