The firm, which was formed in 2005, has had initial meetings with liquidator Richard Long and Co and a creditors meeting will be held in the next two weeks.
Mint has been in financial difficulty for some time and its Companies House records highlight this. In May last year, the firm was issued with a ‘First Gazette’, which is effectively three months' notice. It survived that, but Mint’s latest accounts show that, as of 30 April last year, it was £864,686 in debt.
"Last summer Mint performed well, but it simply hasn’t been able to re-create that success this year," said founder Peter Phillips, who rejoined the company around five weeks ago.
"Maybe it hasn’t responded fast enough to what has been happening in the marketplace. The industry has problems and Mint has been trying to raise additional revenue, but it simply hasn’t worked."
Phillips, who returned as general manager, said the firm was trying to help clients in need of replacement caterers.
Mint brand Mint Kosher has also ceased trading, but ‘partners’ Roastmaster (where Phillips also holds the general manager role) and Tamarind Catering are still in operation.
"Everyone has tried really hard, but it’s harsh out there right now," said Phillips. "Everyone is fighting for the same business."
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