The chocolate factory closed after 105 years: reasons named.
Closure of the chocolate factory after 105 years of operation
According to The Sun: The chocolate factory that has delighted its fans for 105 years has closed its doors.
This family business has been producing handmade chocolate since 1920.
Google GettyBeech's factory, located in Preston, is permanently ceasing its operations.
The company's head, Andrew Whiting, noted that the factory's closure was the result of a sharp rise in prices, particularly for cocoa.
“There will be many people in Preston who fondly remember their relatives who worked at Beech’s, or their own experiences in recent times,”
he added.
The Whiting family owns Beech's Confectionery Group and financed the start and development of the brand.
In a statement, Beech’s said: “A tanker last year cost £24,000, but now it costs £78,000.”
The company also reported an increase in energy resource costs, higher national insurance, and minimum wage.
Beech’s sought help from Preston Council and Lancashire County Council but failed to find support for the old company.
Despite raising prices by 20% for its customers, Beech’s could not offset the rising costs ahead of Christmas.
Assistance from the council and examples of other companies
“An offer was made to help find funding through Rosebud Business Growth, but the business did not provide additional information to advance this matter,”
said a representative from Lancashire County Council.
Earlier this year, another company that produced desserts and supplied products to M&S and Sainsbury’s closed its factory and received support worth £5 million.
Little Moons secured funding after breaching its loan conditions due to the closure of its factory in Kettering.
Documents confirmed that Little Moons breached its loan terms in December last year, citing the closure of its Kettering plant a month prior.
The company agreed to secure additional funding of £5 million from its shareholders after changing its agreements.
Little Moons are ice cream pieces wrapped in liquid rice dough that became popular about three years ago thanks to viral social media posts.
The temporary Little Moons factory in Kettering was opened in early 2024 and planned to become the company’s main production hub.
The closure of Beech’s factory is sad news for many who enjoyed its products since childhood. The fall in chocolate prices and rising costs have become an insurmountable obstacle for many similar companies, and the situation with Beech’s demonstrates how economic conditions can impact traditional businesses. Further developments in this area require careful monitoring, as similar cases could threaten other sweet manufacturers in the region.
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