A UK chocolate company has gone into liquidation, according to a notice in the London Gazette this morning. The business had been in operation since 2022 and prides itself on making “exceptional, everyday treats”, including classic flavours. The notice states that liquidators were appointed to Icon Foods Ltd on March 2, 2026. The company is based in Essex with an address at 19-20 Bourne Court, Southend Road, Woodford Green.
Its products include truffle bars, milk chocolate orange bars and dark chocolate milk truffles. Its products, according to its website, are sold at Iceland, Morrisons Daily, WH Smith, Aldi, Asda, Home Bargains, Co-op, Tesco and Spar. On Companies House, the UK’s official database for limited companies, its nature of business is described as the “wholesale of sugar and chocolate and sugar confectionery”.
Steven Edwards and Mark Holborow of Crowe U.K. LLP have been appointed as joint liquidators. It follows a meeting of creditors and resolutions for winding up.
A Creditors’ Voluntary Liquidation (CVL) has taken place. This happens when a company’s management decides that its assets must be sold in order to pay off its debts.
According to the insolvency company Oliver Ellit, this can happen for a number of reasons, such as pressure from HMRC over tax debts, pressure from creditors who are owed money, or avoidance of the risk of compulsory liquidation.
Icon Foods Ltd prided itself on sustainability on quality. Its website states: “Our chocolate is made from Fairtrade cocoa and natural ingredients, free from palm oil and harmful additives.”
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It adds: “Every product is packaged in recyclable materials, reflecting our commitment to reducing waste and supporting a healthier planet.
“In partnership with Keswick Enterprises, we provide retailers with seamless, full-service solutions under one roof—from innovative product ideas to expertly handled packaging.”
A number of other British businesses have recently collapsed into liquidation. This includes ‘Britain’s most famous company’, the original East India Company.
According to The Sunday Times, the company owed over £600,000 to its parent company, the East India Company Group, as well as £163,105 to employees and £193,789 in tax.
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