Real Good Food feels the pain of ‘poor governance’
Baking ingredients business Real Good Food, which has a major facility in Liverpool and which issued a profit warning in August shortly before its founder and chairman quit, has undergone a turbulent financial year in which its business has nosedived into a pre-tax loss of £6.4m from a profit of nearly £13m.
Management changes, including the departure of founder Pieter Totté and director Peter Salter, who have been criticised by the company for taking behind-closed-doors consultancy payments out of the company.
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