Overview:
On 22 September 2025, David Kemp and Richard Hunt of Exigen Group were appointed Joint Administrators of Coldpress Foods Limited, a Twickenham-based manufacturer of premium fruit and vegetable juices. The business entered Administration following mounting HMRC arrears.
Background:
Coldpress Foods built its reputation on innovation, sourcing products from its Spanish production partner and using advanced cold pressure technology to preserve flavour and nutrients. However, despite its strong market positioning, the company struggled with HMRC arrears, which became the primary cause of insolvency. Most operational aspects were outsourced, meaning the business had a lean internal structure but limited flexibility to absorb financial shocks.
Financial Challenges:
The company’s liabilities to HMRC escalated, leading the Directors to seek guidance around restructuring options. With creditor pressure mounting, the directors sought professional advice, leading to Exigen’s appointment as Joint Administrators.
Exigen’s Appointment:
David Kemp and Richard Hunt of Exigen Group were appointed on 22 September 2025. Their immediate focus was to safeguard the brand and explore options to preserve value. After reviewing the position, Exigen implemented a sale strategy to ensure continuity and enable future growth.
Outcome:
The business and assets were sold to an associated company, which is expected to inject fresh investment to support expansion. This restructure aims to strengthen the brand’s presence on high-street shelves and unlock new growth opportunities. While job impact was limited due to the outsourced model, the transaction secured the future of the Coldpress brand.
Administrator Comments:
David Kemp of Exigen Group commented:
“Coldpress has always stood out for its innovation, but the real story now is opportunity. With new investment and a streamlined structure, the brand is positioned to scale faster, strengthen retail partnerships, and reach more consumers.”