Meatless Farm enters administration as almost all staff are made redundant

The company has its headquarters in Leeds.

Vegan food company Meatless Farm has stopped trading and laid off the majority of its staff amidst a decline in demand for meat-free offerings.

Meatless Farm was established in 2016 by Danish entrepreneur Morten Toft Bech in Leeds, with its headquarters based on Wharf Street.

Offering plant-based meat alternatives, their products were stocked in all major supermarkets and at its peak sold over £11m worth of its plant-based mince, chicken breasts and burgers.

On Friday 9 June 2023, Meatless Farm’s 50-strong workforce were made redundant and yesterday 13 June, the company entered administration.

Image: Meatless Farm

Commercial director Tim Offer announced on his LinkedIn profile: “Sadly, my time at Meatless Farm has come to an end… the business has unfortunately made all the teams redundant.

“I learnt a huge amount in a short space of time and have absolutely loved the people and the brand.”

Interim finance executive John Loughrey added: “Sadly things have not worked out for Meatless Farm so I am now looking for my next assignment, as will numerous other colleagues.

“I have had a great time in a fantastic company, and have had the honour and pleasure of working with some amazing people. It is a shame the company has not made it through this difficult period and I wish all my former colleagues the best of luck for the future.”

Image: Meatless Farm

Last month the company hired restructuring specialists Kroll in hopes of finding a buyer for the business.

Kroll announced yesterday that Geoff Bouchier and Benjamin Wiles have been appointed joint administrators to oversee the financial management of the business.

It comes amidst a slump in the overall demand for meat-free products.

Sausage producer Heck, also based in Yorkshire, recently reduced its vegan range citing a similar lack of customer demand for meat-free products.

Read more: Leeds’ bottomless brunch with unlimited fizz and dim sum sharers is going on tour – and you can choose which town it comes to next

Featured image – Meatless Farm

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