UK health food company enters administration after 13 years

Press, based in London, launched in 2013 with “a mission to bring natural & healthy nutrition to the UK”.

The online company sells everything from healthy meal plans and soups to juice cleanses and smoothies.

Its website adds: “Good nutrition has the power to change every aspect of your life and drives a positive impact for our planet.

“It can support your immune system, give you more energy, help you manage eating habits, give you clearer skin and better digestion.”

Press has a strong online following, boasting nearly 72,000 followers on Instagram, 10,000 on Facebook, and thousands more on TikTok.

Press enters administration after 13 years

After 13 years in business, Press London Ltd is now at risk of closing after entering administration.

Marco Piacquadio and Rachel Elizabeth Ennis from FTS Recovery Limited were recently appointed administrators, according to Companies House.

Press has been contacted for comment.

What happens when a company goes into administration?

When a company enters administration, it means that it is unable to pay expenses, debts, or other liabilities, according to SquareUp.com.

Companies House adds: “When a company goes into administration, they have entered a legal process (under the Insolvency Act 1986) with the aim of achieving one of the statutory objectives of an administration. This may be to rescue a viable business that is insolvent due to cashflow problems.

“An appointment of an administrator (a licensed insolvency practitioner) will be made by directors, a creditor or the court to fulfil the administration process.”

A statutory moratorium is put in place once a company enters administration, giving it “breathing space” to allow for financial restructuring plans to be drawn up free from creditor enforcement actions.

A company can continue to trade while in administration, but daily management and control are handed over to the administrators.

Companies House continues: “Within 8 weeks it is the administrators’ role to formulate administration proposals.

“Creditors are then asked to vote by a decision procedure to approve the administrators’ proposals.

“If the administration involves a sale of all or part of the company’s business, the proceeds (after the costs of the procedure) will be distributed to creditors in a statutory order of priority.”

Administration will end automatically after 12 months unless the administrator asks the court or creditors for an extension.

Through administration, a company can be:

• Rescued and passed back to the directors
• Enter liquidation
• Be dissolved

Other UK companies that have closed or entered administration/liquidation in 2026 (so far)

It has been a rough start to 2026 for the UK high street, with several other retailers entering administration and others announcing widespread store closures.

Major high street retailers LK Bennett and Claire’s both closed all their stores in April, having previously fallen into administration.

Other retailers have been forced to close stores this year, including:

Several other companies have fallen into administration, including:

Meanwhile, four UK travel companies have closed in 2026:

Luxury UK holiday company Salamander Voyages also shut down recently after entering administration.

EcoJet Airlines, billed as “the world’s first Electric Airline”, entered liquidation earlier this year after just three years, resulting in the cancellation of all planned flights.

UK delivery company Yodel is set to be phased out over the coming months after being acquired by InPost.

It’s also been reported that Morrisons is looking to sell some of its in-store pharmacies as it continues to cut costs.

It’s not been all bad news for the UK high street, with several major brands announcing new store openings for 2026, including Aldi, M&S, and Superdrug.

Have you purchased any health food or drink products from Press before? Let us know in the poll above or in the comments below.