Patchwork Foods in Ruthin was founded in 1982 by Margaret Carter in her kitchen, and went on to become famous for pates and other specialities.
An award-winning business for much of its four decades of trading, Margaret, son Rufus and business partner Jen Whitham helped it achieve a £2 million annual turnover.
The trio left the business as directors in May 2024, with Newtown businessman Scott Davies, of Davies Enterprise Holdings Limited, taking a controlling share.
Mr Davies, who also runs Hilltop Honey in Newtown, said the decision to close the company was made as he could no longer personally fund the company.
He added that the company showed “no future of getting to break even or generating a positive…
