A popular British smoothie and wellness brand has collapsed into administration after more than a decade in business, casting doubt on the future of Press Healthfoods. The London-based food and drink retailer, founded in 2013, has entered administration, leaving its 25 employees facing uncertainty.
Company Background
Press Healthfoods built a strong social media presence over its 13 years of trading, amassing nearly 72,000 followers on Instagram, around 10,000 on Facebook, and thousands more on TikTok. The company described itself as having "a mission to bring natural and healthy nutrition to the UK."
Products and Retail Presence
The brand sells a range of healthy meal plans, soups, juices, and smoothies. Its products were stocked in major supermarkets including Asda, Sainsbury's, and Marks & Spencer. The collapse into administration raises questions about the availability of these products in the future.
According to Companies House filings, the business currently employs 25 staff members. The administration process will determine the company's fate, including potential asset sales or restructuring.
This is a developing story. More updates will follow as details emerge.
