UK: Halal poultry supplier Gafoor sold
14/8/12 www.insidermedia.com
A £52m-turnover poultry supplier due to celebrate a half century in business in 2014 has been bought out of administration.
Preston-based Gafoor Poultry Products was founded in 1964 and is owned by the Patel family, supplying halal poultry products across the UK.
It has been bought by Gafoor Pure Halal, registered to an address in Leicester and whose sole director is listed as Ozayr Patel on Companies House.
In the year to November 2010, Gafoor Poultry Products posted a pre-tax profit of £1.48m on turnover of £52.4m, employing 138 staff.
This was a significant increase on its 2008 sales of £36.5m but it also recorded a pre-tax loss of £1.08m in that year.
In 2005, it moved to a custom designed and built plant which it said was now capable of processing one million birds per week.
Administrators from Irwin & Company in Sutton Coldfield were appointed to Gafoor Poultry Products at the end of July and a meeting of creditors is due to take place on 24 August.
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