Jobs lost at Wisbech farm business John Lankfer Produce after warm weather hits yields
PUBLISHED: 12:33 20 October 2016 | UPDATED: 12:34 20 October 2016
Twenty-eight jobs have been lost at a Fenland farming business which had struggled through two poor growing seasons.
John Lankfer Produce Ltd ran a 1,500-acre farming business growing broccoli and cauliflower, but unseasonably high temperatures in the past two years had affected crop yields.
Administrators decided there was no future for Wisbech-based John Lankfer Produce Ltd to continue trading in administration, after they were called in on October 10.
A spokesman for John Lankfer Produce said the company had been worth £650,000 two years ago, but warm weather had hit the company hard, particularly in December 2015 when it lost crops worth half a million pounds.
Administrators terminated the contracts of all 28 employees on appointment, and reviewed the company’s financial position, contacting key customers and stakeholders.
“Following the initial review and discussions with the key customers and stakeholders, the administrators determined that it was not feasible for the company to trade in administration,” they said in a statement.
Following the administration, certain assets were sold to Nene Produce Ltd. According to Companies House, John Lankfer is a director of that business.
It is understood that Nene Produce will be looking to hire staff.
Administrators said information relating to the sale of the company’s assets would be provided to creditors within their’ proposals in due course.
Do you have a business story? Email firstname.lastname@example.org