Sabana Incorporated, an importer and distributor of pomegranates, kiwis and other exotic fruit, has gone into administration.
The company, based in Sittingbourne, Kent, was operated by Ed Hawkey as its managing director and Hannes Martin as head of procurement and sales. According to both the administrators and Companies House, Hawkey was the only registered director of the firm, which was only incorporated in November 2015, with five staff dismissed early on in the process.
Administrators Cranfield Business Recovery were called in on 25 July after earlier attempts to rescue Sabana failed to materialise. The company operated contracts to supply a number of supermarkets across the country, and Cranfield business recovery specialist Brett Barton said it "ultimately succumbed to the pressure of attempting to service its debt facilities, having been plagued by a number of operational issues."
Barton is currently continuing to supply to retailers in the expectation of fulfilling customer contracts. He said he is currently working to maximise realisations in respect of the book debts and the fruit stock.
Barton added: “Sabana’s liabilities had increased over time – the scale of their debts together with the day-to-day operating costs simply became too large for Sabana to survive as a viable entity. We now wish to work with customers to secure the best return to creditors at this difficult time”.
It has emerged that Martin incorporated a new business, MSCM International, on 20 July. The business is categorised on Companies House as engaged in management consultancy activities other than financial management. The company is registered to an address in Snodland, Kent.