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Fresh lab (Jim Meale)

Company

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Content

Fresh lab (Jim Mil LLC) is a ready-made food delivery service.

History

2023: Introduction of the observation procedure

On November 20, 2023, it became known that the St. Petersburg Arbitration Court introduced a monitoring procedure for the Fresh Lab healthy food delivery service. This platform faces bankruptcy due to the difficult financial situation and accumulated debts.

According to RB.ru, the creditors of Fresh Lab (Jim Mil LLC) include Torg Service LLC, Vkusville JSC, Sberbank PJSC, ВЭБ.РФ and others. The total debt of the platform is more than 7 million rubles. The bankruptcy procedure was initiated by Torg-Service, which in February 2021 sued Jim Mil LLC for a debt under an agreement in the amount of 721.6 thousand rubles. This was followed by a statement declaring the company insolvent.

The court introduced a surveillance procedure in relation to the Fresh Lab ready-made food delivery service

Market participants say that the financial difficulties encountered by Fresh Lab can be explained by several reasons. This is a drop in household incomes in the current macroeconomic environment and the emigration of the target group, as well as pressure from larger players. Due to the difficulties that arose, Fresh Lab in April 2022 decided to sell its own production with an area of ​ ​ 768 square meters in St. Petersburg after six years of work.

The observation procedure is the very first stage of bankruptcy of a legal entity: this measure is introduced to preserve the property of the debtor. At this stage, the seizure of the company's property is removed, enforcement proceedings are suspended, fines and penalties for overdue debts are not charged. At the same time, the court appoints an interim manager, who, among other things, analyzes the financial condition of the company. As a result of the monitoring procedure, it will become clear whether Fresh Lab will be able to continue working, gradually restoring its solvency and paying off debts to creditors. If this cannot be done, the enterprise can be liquidated.[1]

2020: Ready Food Delivery Market Share for September - 0.1%

Market Shares of Leading Players in the Ready-Made Food Delivery Market, 2019 - 2020

Notes