Liquidators hopeful of finding buyer for Bristol’s pioneering Severn Project social enterprise

February 8, 2019
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Severn Project, Bristol’s pioneering fresh produce grower, has been placed into liquidation after experiencing financial difficulties.

The award-winning Community Interest Company (CIC) produced high-quality salad leaves and herbs at an urban farm in Whitchurch, pictured, for restaurants and catering firms across the city. 

The company also grew hemp, a marijuana derivative under licence, for personal medical use from a site in Staverton in Wiltshire.

It was placed into liquidation on January 28 and Neil Vinnicombe and Simon Haskew of the Bath and Bristol offices of Begbies Traynor have been appointed to handle proceedings.

All staff at the social enterprise business were made redundant with immediate effect, but the liquidators are hopeful of a prospective buyer for the company assets and sites.

Neil Vinnicombe, partner at Begbies Traynor’s Bath office, who is leading the liquidation, said: 

“It is always sad to see a community-based enterprise like this fail, given the important work the company did in supporting people with addictions and mental health challenges back in to the workplace. As a social enterprise rooted in the local community, we are hopeful a buyer can be found for the company’s remaining assets who may be able to take this innovative operation forward.”

Interested parties should contact Neil Vinnicombe or Kayleigh Bryant on Bath@begbies-traynor.com for further information.

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