Overview
- Interpath’s Rick Harrison and Howard Smith have been appointed as joint administrators.
- Trading has ceased, with the majority of employees made redundant and a small team retained to assist.
- The administrators are seeking buyers for the business and assets and are supporting staff with Redundancy Payments Service claims.
- The Derby-based wholesaler supplied groceries, toiletries and household goods to retailers across the UK and Ireland.
- Recent accounts showed falling turnover and operating profit down to £756,000 in 2024 after tighter up-front payment terms were introduced.