Grimsby, United Kingdom-based Cook & Lucas Frozen has entered into administration after the company abruptly closed its plant on 10 January 2023.
The company, which imported and processed seafood and whitefish, closed the plant and laid off 80 workers with little warning, according to Interpath Advisory – the joint administrators appointed in the wake of the closures.
The closures came despite the company weathering the Covid-19 pandemic well – according to public filings, the company managed to achieve a gross profit of GBP 24 million (USD 29 million, EUR 27 million) and a net profit of GBP 1.4 million (USD 1.7 million, EUR 1.5 million) in the period spanning April 2020 to April 2021 …
