Well known pate firm Patchwork goes into liquidation
The business went on to become famous for its pates and other speciality foods.
It scooped dozens of awards over the years as she developed it into a £2 million turnover venture alongside her son Rufus and business partner Jen Whitham.
Margaret, Rufus and Jen left the business as directors in May 2024 with Davies Enterprise Holdings Limited, run by Scott Davies, taking a controlling share.
Mr Davies also runs Hilltop Honey based in Newtown, one of the UK's biggest honey producers.
North Wales Live was told of local redundancies at Patchwork in recent days and contacted the business - with Mr Davies releasing a statement today.
Mr Davies said he took a controlling share in the business in May 2024 and tried to turn it around as it was struggling financially. But he said after 12 months of "hard effort" from everyone and him "personally funding" the business for months that he had to take the decision to shut the firm.
He said: "I took a controlling share of Patchwork Foods in May 2024 to try and turn the business around as it was close to insolvency. After 12 months of hard effort, tough decisions, great work by staff and a significant amount of investment the company still showed no future of getting to break even or generating a positive cash flow.
"I personally funded Patchwork every week throughout the 12 months in order to meet creditor payments. I could no longer continue doing so which led me to the decision to liquidate. It's a sad day for Ruthin, local area and the Welsh food and drink environment of which I'm a huge champion of."
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