Fulton's Foods

Fulton's Foods is a frozen food retailer chain, which is based in Darton, South Yorkshire, and operates throughout The Midlands and the North of England. Trading online as Star Bargains.

Fulton's Foods Ltd.
Fulton's Foods
Star Bargains
TypePublic company
IndustryRetail
Founded1960
HeadquartersBarnsley, England
Key people
Kevin Gunter, Managing Director
Karen Gunter, Finance Director
ProductsFrozen Foods
Household Products
Discount Grocories
Revenue£ 70 million (2014)
Number of employees
1000
ParentKevin Gunter (100%)
SubsidiariesStar Bargains
Websitewww.fultonsfoods.co.uk

History

The company was founded by Jack Fulton in 1960 as a poultry business.[1] It diversified into frozen foods in 1974, using the company name Frozen Value Ltd.[2] In August 1997, it was then subject to a management buy-in, financed by 3i Group,[3] when Kevin Gunter took control of the business.[2]

In October 2005, it opened a 70,000 sq ft (6,500 m2) depot in Darton, South Yorkshire.[1] and in March 2013, the company was rebranded Fulton's Foods.[4]

The founder, Jack Fulton, died on 29 September 2015.[5]

In March 2018, Fulton's Foods announced they were trading online as "Star Bargains". The offering excludes chilled & frozen.[6]

In 2020, Fulton's Foods accounts showed that they would be a chilled and frozen food supplier to Poundland, supplying 77 branches. The accounts also exposed that the company had breached the terms of a bank loan that they had been offered, meaning that the bank could withdraw, and the group be left unable to pay. As the group had not defaulted on any loan payments, the bank has formally told the directors that they have no intention to withdraw.[7]

References
  1. Shop profile: Jack Fulton: Frozen Value to grow across UK The Grocer, 2 February 2008 Archived 21 July 2010 at the Wayback Machine
  2. Fulton Foods Sponsor Doncaster Rovers Belles Archived 2009-08-31 at the Wayback Machine
  3. Rank: 67 Frozen Value Archived 2013-12-13 at the Wayback Machine Fast Track
  4. Frozen food retailers Iceland, Heron Foods and Frozen Value eye former Blockbuster stores Retail Week, 5 March 2013
  5. "Castleford Tigers chairman Jack Fulton dies". Yorkshire Evening Post. 29 September 2015. Retrieved 29 September 2015.
  6. "Fulton Foods launch online store - Yorkshire Business Daily". Yorkshire Business Daily. 2018-07-13. Retrieved 2018-07-16.
  7. "Fultons Foods accounts reveal breach of banking covenants". The Grocer. Retrieved 7 July 2020.
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