Mighty Drinks – a producer of alternatives to milk – has called in administrators. Professionals from Interpath Advisory will now seek offers for the business and its assets.
Amid a rise in demand for alternatives to cow’s milk in UK stores, Mighty Drinks was founded by two brothers, initially from a micro-operation in their own home. According to the firm’s website, the brand grew from “making pea milk in our bathtub in Yorkshire” – and while that might not sound particularly appetising, the Might empire eventually expanded to supply oat and pea drinks (and dehydrated powders) across the UK, via its online store.
However, the Leeds-based company has faced a number of headwinds in recent years, including rising costs and declining consumer spending power. Impacting the firm’s ability to scale and become more profitable, the directors explored investment options.
When no deal materialised, though, the firm was left with no choice but to appoint administrators. Interpath Advisory consultants James Clark and Howard Smith will now search for buyers – working with stakeholders to explore the available options.
A statement from Clark noted this might include seeking offers for assets “including the Mighty brand and related intellectual property”.
Speaking on the news, Tom Swiers, food and drink leader at Interpath, added the news was reflective of broader changes in the alternative foods sector. Noting that while an investment boom previously had placed growth as the “number one priority” for the alt category, there was now a heavier focus on profitability.
“Unfortunately, this came at a point in the company’s cycle where it required further investment,” Swiers explained. “This was not forthcoming from typical investors in this space, nor was it attractive to typical special situations investors, given the relatively early stage of the company’s development.
The news also comes amid declining confidence in the UK food and drink manufacturing segment. Earlier in 2025, a survey by the industry body the Food and Drink Federation suggested that confidence among businesses had plummeted to -47% in the final three months of the previous year – having been at -6% in the previous quarter. The 12,500 respondents polled most often cited changes to their national insurance contributions as the driving force for their pessimism – adding to inflationary pressures, and uncertainty around supply chains.