British Creameries has gone into receivership following substantial trading losses. Receivers BDO Stoy Hayward were called in last Wednesday to establish the causes and to understand the extent of the debt &#8211, which is as yet unknown. The company is now up for sale.

A spokesperson for BDO Stoy Hayward told connectingdairy news that there has been a significant amount of interest in the business and is confident of a sale. Discussions have been held with a number of interested parties, however, no further details could be released.

British Creameries is currently owned by Yieldingtree which bought the business from Unilever in October 1999. The creamery produces a variety of cheese and dairy products and employs 170 people. Annual turnover for 1999 stood at