Administrators have confirmed the sale of a Nottingham business of 90 years - after more than 140 members of staff across two sites were made redundant. The Health Store, based in Bulwell, is one of the leading health food wholesalers, supplying customers through the UK, Europe and Asia.
Chris Pole and Ryan Grant, from Interpath Advisory, were appointed joint administrators of Health Made Easy Limited, of which the Health Store was a subsidiary, on August 26, 2022. Immediately following their appointment the joint administrators sold the shares and associated brands of two of its subsidiaries, Higher Nature Limited and Freshly Cut Limited, to CGK Consulting Limited.
A total of 33 employees, 31 from Higher Nature Limited and two from Freshly Cut Limited, form part of the transaction. The appointment over Health Made Easy Limited follows the appointment to Tree of Life UK Limited, based in Newcastle-Under-Lyme and Bulwell's Health Stores (Wholesale) Limited, two of Health Made Easy Group’s other subsidiaries, on August 22.