Healthy ready meal company enters liquidation

John Campbell

BBC News NI economics editor

Karri Kitchen A range of ready meals across two shelves in a shop. Karri Kitchen
Peter Coulter & John Campbell

BBC News NI

Products from the healthy ready meal company Karri Kitchen have disappeared from shelves across Northern Ireland as the business has entered liquidation.

The firm, which was based in Craigavon, County Armagh, had expanded rapidly over the past few years securing deals with Tesco, Lidl, Asda and Spar to become one of NI’s biggest ready meal businesses.

Karri Kitchen specialised in healthy Asian-style meals such as Mongolian beef noodles, firecracker chicken and mango chicken curry.

The liquidator said the business was “unable to meet rising production costs”.

The business was started in 2019 by Shera McAloran with a mantra to “bring healthy south-east Asian cuisine to homes across Northern Ireland”.

The business also appeared in the BBC programme Food Fest Northern Ireland featuring some of their unique recipes.

The Statement of Affairs which was filed as part of the liquidation process showed the business had net debts of almost £700,000 when it stopped trading.

That included almost £200,000 owed to a County Armagh food company and £183,000 which had been loaned to the business by one of its directors, Chris McAloran.

The statement also suggests the business had 33 staff members.

‘Loyal customer base’

A note to the statement says the creditor figures are taken from company records and some of the amounts are disputed and some are likely to be amended.

The business had ceased trading prior to its liquidation.

Lisa Lappin, from Baker Tilly Mooney Moore, was appointed to liquidate the business.

“Karri Kitchen Ltd entered creditors voluntary liquidation on 16 April 2025,” she said.

“Karri Kitchen Ltd was a fantastic local brand that produced excellent products and had a loyal customer base.

“Its loss as a unique aspect to the local economy will be mourned, but the company was simply unable to meet rising production costs and broader economic pressures.”

Alliance Party assembly member for Upper Bann Eoin Tennyson said the closure would be a big blow to the Craigavon area.

“Homegrown businesses like Karri Kitchen are the lifeblood of our community, creating jobs, and supporting local supply chains,” he said.

“This business also made a significant contribution to local food banks and organisations supporting those the crisis.”

Analysis: A challenging market

Food manufacturing is a highly competitive sector with low profit margins.

Even if you have a distinctive brand which gets onto supermarket shelves it is still a real challenge to build a sustainable business.

The challenge is even greater at a time when businesses are continuing to deal with elevated energy costs and a range of new employment costs.

That is reflected in the comments from Karri Kitchen’s liquidator which says the company was simply unable to meet rising production costs and broader economic pressures.

Source link

Visited 1 times, 1 visit(s) today

Related Article

After injury blow, 2nd Real Madrid star set to miss Alavés clash

1 La Liga giants Real Madrid have on Sunday been dealt a double blow on the personnel front. This comes owing to developments in the club’s meeting with Celta Vigo. Xabi Alonso’s troops are of course currently locked in action on the domestic front, in a league meeting with the aforementioned Celta. Los Blancos headed

Trump Takes Jab at Jimmy Kimmel Before Hosting Kennedy Center Honors

President Trump took another jab at Jimmy Kimmel, this time comparing his hosting skills to the latter. At an event held the day before Sunday night’s Kennedy Center Honors, which Trump himself is hosting, the president made a prediction regarding the show itself, which is being recorded to air Dec. 23 on CBS and Paramount+.

Evening Headlines

Over 200,000 power banks sold on Amazon recalled over fire risks

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US Over 200,000 portable power banks sold on Amazon have been recalled over possible fire risks, the Consumer Product Safety

恒指低開17點 卓越睿新上市升23% 納芯微無升跌 (09:26) – 20251208 – 即時財經新聞

藍籌32隻升,40隻下跌,16隻無升跌。百度 (9888)升3.29%,報125.6元,是升幅最大的藍籌,海爾智家(6690)跌2%,報26.52元,是跌幅最大的藍籌。 恒生科技指數成份股13隻升,13隻下跌,4隻無升跌。升幅最大的是百度(9888)收報125.6元,升3.29%;跌幅最大的是海爾智家(6690)收報26.52元,跌2%。 恒指上試20天線(26089.35點)。科指上試20天線(5667.69點)。 個股表現 卓越睿新(2687)上市,定價67.5元。開市報83.6元,升23.85%。 納芯微(2676)上市,定價116元。開市報116元,無升跌。 中國人民保險(1339)副總裁涉嫌嚴重違紀違法被查。開市報7.12元,升1.57%。 百度(9888):正評估分拆崑崙芯來港上市 不保證會進行。開市報125.6元,升3.29%。 煤氣(0003)孵化怡斯萊據報擬棄英取港上市 最快明年下半年掛牌。開市報7.16元,跌0.28%。 冠忠巴士(0306)潛在售畢棚溝景區旅遊業務 或構成主要交易。無成交,報2.82元。 國航(0753)、東航(0670)、南航(1055)公布日本相關航線退票安排。國航開市報6.46元,升0.31%。 東航(0670)無成交,報4.74元。 南航(1055)開市報5.41元,升0.93%。 現代牙科(3600)非執董陳冠峰饋贈控股股東Triera 50%股權予家族信託。無成交,報5.14元。 喜相逢(2473)與哈囉租車內地10城市開展汽車租賃業務。開市報8.1元,無升跌。 破頂股表現 創上市新高股包括,卓越睿新(2687)高見83.6元,開市報83.6元,升23.85%。 創52周高股包括,中國人壽(2628)高見28.36元,開市報28.36元,升0.5%;國銳生活(0108)高見4.09元,開市報4.09元,升2.76%;旭日企業(0393)高見1.41元,開市報1.41元,無升跌;中聯重科(1157)高見7.97元,開市報7.97元,升0.89%;中國金石(1380)高見0.77元,開市報0.77元,升14.93%。 破頂指數成份股包括,中國人壽(2628)創52周高,見28.36元,開市報28.36元,升0.5%。 破底股方面 創上市新低,包括一脈陽光(2522)低見10.18元,開市報10.18元,跌3.42%。 異動股 上升異動股,包括,卓越睿新(2687)創上市新高,見83.6元,開市報83.6元,升23.85%;中國金石(1380)創52周高,見0.77元,開市報0.77元,升14.93%;滉達富控股(1348)開市報0.19元,升14.46%;雅高控股(3313)開市報0.151元,升14.39%;細葉榕科技(8107)開市報0.36元,升14.29%;瑞和數智(3680)開市報1.59元,升13.57%;中國華星(0485)開市報0.36元,升12.5%;寶發控股(8532)開市報0.011元,升10%;泰坦能源技術(2188)開市報0.205元,升9.63%;九方智投控股(9636)開市報57.7元,升9.49%;中國置業(0736)開市報0.79元,升8.22%。 下跌異動股,包括,重塑能源(2570)開市報105.2元,跌10.01%;三寶科技(1708)開市報0.25元,跌7.41%;合景泰富(1813)開市報0.15元,跌6.83%;強泰環保(1395)開市報0.142元,跌5.33%;中國智能交通(1900)開市報0.275元,跌5.17%;海昌海洋公園(2255)開市報0.495元,跌4.81%;小馬智行(2026)開市報111.1元,跌4.31%;一脈陽光(2522)創上市新低,見10.18元,開市報10.18元,跌3.42%;壹照明(8222)開市報0.031元,跌3.13%;普匯中金國際(0997)開市報0.032元,跌3.03%。   其他報道 果下科技IPO 入場費約2030.26元 夜期高水36點 卓越睿新、納芯微上市 貝森特:美國經濟將以3%的增速結束2025年 特朗普對Netflix收購華納兄弟提反壟斷擔憂 北水增持建行 減持昊天國際建投 Source link

Whyte is targeting next year’s Asian Games after proving herself in Hong Kong colours. Photo: Handout

Remember the name? Hong Kong’s new equestrian star riding high in her own right

Hong Kong’s new equestrian star Sheikara Whyte acknowledged being related to horse racing royalty put extra pressure on her, yet managed a flawless showjumping display on her international debut on Sunday. Daughter of former champion jockey Douglas Whyte, the 25-year-old was understandably “super-proud” of her efforts at the FEI Asian Championships in Thailand. Part of

HUTCHMED gains wider China drug coverage on NRDL, insurance

HUTCHMED gains wider China drug coverage on NRDL, insurance

HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) announced that following NHSA contract renewal the updated National Reimbursement Drug List (NRDL) effective Jan 1, 2026 will continue to include ELUNATE, ORPATHYS and SULANDA. In addition, TAZVERIK is included in the first edition of China’s National Commercial Health Insurance Innovative Drug List. Indications listed:

Experts urge residents to eat costly invasive species wreaking havoc on native ecosystems — and it's unexpectedly delicious

‘Definitely not what we want’

Alarming footage from the necropsy of a gigantic Burmese python in Florida resurfaced on Reddit, drawing awareness to the state’s massive invasive species problem. What’s happening? “Florida is the Australia of the United States” is a loose internet proverb, one that alludes to their shared propensity for putting the “wild” in “wildlife.” On the r/InterestingAsF***

Guoxia Technology Goes Public With Big IPO Plans In Hong Kong

Guoxia Technology Goes Public With Big IPO Plans In Hong Kong

The firm plans to raise HK$680 million to grow research, expand overseas, and increase production, backed by major cornerstone investors. What’s going on here? Guoxia Technology just launched its Hong Kong IPO, aiming to raise up to HK$680 million to boost global expansion and production, all with heavyweight cornerstone investors on board. What does this

Serie A | Napoli 2-1 Juventus | Player Ratings – Hojlund dominates shaky Juve defence

NAPLES, ITALY – DECEMBER 07: Rasmus Hojlund of SSC Napoli celebrates scoring his team’s second goal during the Serie A match between SSC Napoli and Juventus FC at Stadio Diego Armando Maradona on December 07, 2025 in Naples, Italy. (Photo by Francesco Pecoraro/Getty Images) Napoli defeated Juventus 2-1 in Naples this evening as Antonio

IC Markets named Official FX Trading Partner of MoneyGram Haas F1 Team

IC Markets named Official FX Trading Partner of MoneyGram Haas F1 Team

MoneyGram Haas F1 Team has announced that IC Markets, one of the world’s leading online trading brands, has become its FX Trading Partner in a new multi-year collaboration. As one of the world’s largest and most trusted trading brands, IC Markets has long been synonymous with cutting-edge technology, speed, and transparency. The visual identity change

Trump Opens Kennedy Center Honors Hosting By Invoking Johnny Carson

UPDATED: Donald Trump opened his hosting gig in much the same way as previous emcees: Running down the list of honorees with words of praise, and sprinkling in a few quips at the audience, made up largely of cabinet members and supporters. “They say this is the first time that a president of the of

Macron and Xi shake hands and smile at each other in front of French and Chinese flags.

Japan frustrated at Trump administration’s silence over dispute with China

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT Asia. In today’s newsletter: Washington’s silence over the Japan-China rift Hong Kong’s low

HSBC sees 'new trade corridors' reshaping regional supply chains as intra-Asia trade surges

Trump trade war shift away from China’s factories at tipping point

A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over

President Donald Trump talks to the media while walking the red carpet before the 48th Kennedy Center Honors.(AP)

Trump’s Christmas ‘naughty list’ has many names; ‘could cause problems’

US President Donald Trump on Saturday brushed aside a question about his “naughty list,” offering a light remark about its length and the trouble it might cause. The comment came as he presented medals to the 2025 Kennedy Center Honours recipients during a ceremony. President Donald Trump talks to the media while walking the red

The 4th China International Supply Chain Expo Set for Beijing in June 2026

Sustained Worldwide Outreach Drives Greater Collaboration Opportunities BEIJING, Dec. 7, 2025 /PRNewswire/ —  The 4th China International Supply Chain Expo (“CISCE,” “the Expo”) will be held in Beijing from June 22 to 26, 2026. To date, more than 300 companies have signed up to exhibit, with preparations moving forward smoothly.

Best manager and best team – can Crystal Palace sustain special season?

Glasner joined Palace in February 2024 following successful stints at Wolfsburg and Eintracht Frankfurt. The 51-year-old has since guided Palace to back-to-back record points totals in the Premier League and led them to a first major trophy when they triumphed over Manchester City in the FA Cup last season. That led to a first ever

I Tried AI Planner Tiimo, Apple’s iPhone App of the Year

Apple’s app of the year suggests the tech giant was all about helping iPhone users get organized in 2025. Tiimo is an AI-powered visual planner that’s marketed towards those with neurodivergent brains. With to-do lists, daily tasks, and reminders, Tiimo mixes an AI chatbot with a classic planner. It’s free to download and use, with

President Trump Weighs in on Proposed Netflix-Warner Bros. Deal

President Trump addressed the proposed Netflix purchase of Warner Bros. for the first time since news of the deal broke last week.  Trump was asked by reporters ahead of Sunday night’s Kennedy Center Honors in Washington D.C. what he thought of the proposed deal, which is valued at $82.7 billion. He praised Ted Sarandos, co-CEO

U.S. Capitol building

$900B defense bill targets China with new investment restrictions

NEWYou can now listen to Fox News articles!   Congress released a $900 billion defense bill that reshapes U.S. economic and military competition with China by imposing new investment restrictions, banning a range of Chinese-made technologies from Pentagon supply chains, and expanding diplomatic and intelligence efforts to track Beijing’s global footprint.  The legislation, which authorizes

0
Would love your thoughts, please comment.x
()
x