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Icon Foods liquidation as chocolate agency bought at Asda, Tesco and Aldi collapses

Icon Foods Ltd has gone into liquidation after liquidators were appointed on March 2, 2026. The UK chocolate company, based in Essex, had been trading since 2022 making ‘exceptional, everyday treats’

A UK chocolate manufacturer has entered liquidation, according to a notice published in the London Gazette this morning. The firm had been trading since 2022 and boasts of creating “exceptional, everyday treats”, including traditional flavours.

The notice confirms that liquidators were appointed to Icon Foods Ltd on March 2, 2026. The company operates from Essex with premises at 19-20 Bourne Court, Southend Road, Woodford Green.

Their range features truffle bars, milk chocolate orange bars and dark chocolate milk truffles. Their products, based on their website, are stocked at Iceland, Morrisons Daily, WH Smith, Aldi, Asda, Home Bargains, Co-op, Tesco and Spar.

On Companies House, the UK’s official registry for limited companies, their business activity is listed as the “wholesale of sugar and chocolate and sugar confectionery”.

Steven Edwards and Mark Holborow of Crowe U.K. LLP have been named as joint liquidators. This follows a creditors’ meeting and resolutions for closure, reports the Express.

A Creditors’ Voluntary Liquidation (CVL) has occurred. This takes place when a company’s directors determine that their assets need to be disposed of to settle outstanding debts.

According to insolvency firm Oliver Ellit, this can occur for various reasons, including pressure from HMRC regarding tax obligations, demands from creditors who are owed funds, or prevention of the threat of forced liquidation. Icon Foods Ltd took great pride in its commitment to sustainability and quality.

The company’s website declares: “Our chocolate is made from Fairtrade cocoa and natural ingredients, free from palm oil and harmful additives.”

The statement continues: “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.”

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A slew of other UK businesses have recently fallen into liquidation. This includes ‘Britain’s most famous company’, the original East India Company.

As reported by The Sunday Times, the company was in debt of over £600,000 to its parent company, the East India Company Group, as well as owing £163,105 to employees and £193,789 in tax.