Some workers at Polestar Foods, that employs some 250 people in Okehampton, were not paid last week according to the BBC, and the factory has halted production. The owner, Privet Capital, said an announcement was expected later today.
Leamington Desserts, a subsidiary of Polestar Foods, went into administration in December and a buyer is being sought.
Last week it was announced 69 jobs are expected to go with the closure of Wiseman Dairy, also in Okehampton.
If you are an employee of the business then take a look at our pages on redundant employee in the event of insolvency.
If you are a supplier to Polestar Foods, then it might be prudent to take advice early if you feel that Polestar's woes will adversely affect you. We can give free advice for at least 30 minutes to company directors or their advisors on insolvency matters.