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By Edward Devlin2021-04-30T10:51:00+01:00 Ready meals maker Laila’s Fine Foods has warned of “material uncertainty” in its ability to continue as a going concern after shoppers cooked more from scratch during the pandemic. The Blackpool-headquartered business, which supplies chilled and frozen products for retailers such as Iceland and Lidl, as well as for the foodservice industry, forecast it would be lossmaking for the third year in a row as sales declined during lockdown. Laila’s said in newly filed accounts at Companies House it was “optimistic” trading would improve over the coming months as restrictions relaxed, but added it was reliant on the ongoing support of creditors. ....
Submitting. Damian said: “The past 12 months has been the most difficult many of us can remember to be in business and it is a massive achievement whatever sector of the economy you are in. “We have seen businesses making huge sacrifices, making major changes and driving innovation to ensure they can survive the challenges the coronavirus pandemic has thrown at them. “The BIBAs offer businesses the opportunity to celebrate the achievements of their people and I would urge everyone in Lancashire to apply.” For the first time The BIBAs will be offering cash prizes to some of the winners with the profits from its ceremony given to Lancashire businesses with cash prizes and investment grants. ....