Job losses as long-established Spalding food producer Geo Adams & Sons enters administration, with ‘ongoing losses’ cited as reason

More than 40 jobs have been lost after a long-established food producer entered administration.

Despite £1.6 million of investment in recent years, ‘ongoing losses’ have been cited as the reason by Spalding business Geo Adams & Sons.

London-based Opus Restructuring have been instructed to oversee the administration process.

“Opus can confirm that Geo Adams entered administration on January 10, 2025,” a statement by joint administrator Frank Ofonagoro said.

“Despite significant efforts by the shareholders, who invested £1.6 million over recent years to support the business, ongoing losses meant they were no longer able to sustain operations.

“The business was marketed extensively in an attempt to find a buyer, but no viable interest was received, and marketing efforts concluded on January 8, 2025.

“Regrettably, this resulted in the redundancy of 42 staff members.

“We are now focused on managing the administration process in the interests of creditors.”

The popular business had been running since 1910 when George Adams established his butcher’s shop in The Crescent, with his pork pies quickly gaining wider recognition.

In 1957 a factory was built behind the shop, with the company turning its attention to production for supermarkets by the 1970s.

In March 2023, Geo Adams announced it was closing its popular butcher’s shop - which had gained a reputation for quality meat products and award-winning flavoured sausages, including the ultra-hot Reaper - after 113 years.

Owners Steve Hall, Anthony Burfield and Stephen Bollard, who took over the company in 2021, said this move was made to focus solely on the manufacturing of artisan pies and pastry products after seeing a boost in that side of the business.

Geo Adams & Sons and Opus Restructuring have been approached for comment.