Insolvency specialists, Wilson Field, have been appointed as interim liquidators of the troubled Hebridean Sea Salt Ltd.
The company, which had supplied a number of retailers including Sainsbury’s, Waitrose, the Co-op and reached US and Canadian markets through the T K Maxx group, ran into difficulties following an investigation by the Western Isles Council’s officers on behalf of Food Standards Scotland (FSS).
Problems at the Lewis-based Hebridean Sea Salt have been well-documented in the local and national media, with claims made by the FSS that the product labelling was misleading because products contained 80% of imported table salt.
Owner and founder, Natalie Crayton, strongly disputed that her actions were deceptive and accused the FFS of “bully-boy tactics”.
Insolvency practitioners Fiona Grant and Lisa Hogg of Wilson Field were appointed as interim liquidators on 12th July 2017.
Under Scottish insolvency law, liquidators are tasked with realising the company assets and distributing the proceeds amongst creditors. Calum Jones of Kepstorn solicitors is acting as legal adviser to Wilson Field.
Following the media attention the company lost contracts and as a consequence ran into financial difficulty. The business ceased trading earlier this year.
Ian Maycock of specialist chartered surveyors, Charterfields handled asset disposals.