GE Capital
25th July 2021
We assisted with the dramatic turnaround in the prospects of specialist food importer Visual Foods.
Visual (formerly Vision Seafoods), one of the UK’s largest importers of warm water prawns with a turnover of £22m, together with sister company Dragon Delight unexpectedly found itself in administration due to financial problems at its holding company.
During a frantic few weeks of activity, Regent Assay helped to raise a £4.75m working capital facility, which together with funds from a private investor enabled the management team to acquire the business from the administrators. In a comparatively short time, Regent Assay helped ensure that Visual and Dragon could continue to trade, protecting both business and employees.
