"As reported recently, the company has experienced significant cash flow constraints as a result of supply chain disruptions and subsequent service issues. This has led to a challenging financial situation, pushing Typhoo Tea into administration after over 120 years in operation."
"The company is in an 'advanced stage' of rescue talks, but nothing is certain at this stage, highlighting the precarious nature of their situation during the administration process."
"The administration process provides Typhoo Tea with protection, allowing the joint administrators to finalise the sale in order to rescue the business, showcasing their commitment to find a solution."
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