The liquidation process for Little Island Creamery saw joint liquidators report no funds left to distribute to creditors, and the business was headed for removal from the Companies Register. However, the acquisition by Appleby Farm has kept the Little Island branded products available on the market, now under a renamed entity called LI Creamery.

Appleby Farm’s core operations center on dairy products made from cow’s milk, positioning the deal as a strategic pivot rather than a continuation of plant-based ambitions. The purchase signals that a traditional dairy processor sees value in the brand equity and consumer recognition Little Island built, even as its previous plant-based model failed to sustain profitability.

The turnaround also underscores broader market stress among plant-based dairy alternatives, where smaller players have struggled with tight margins, rising input costs and competitive pressures from large multi-national alternatives (e.g., oat, soy and nut-based lines). While Little Island was once a leader in the plant-based space, its collapse and rescue highlight the challenges of scaling alt-dairy businesses in a crowded retail environment.