HM and Co Realisations Limited (00071984): administration
- Status
- Administration ended
- Administration began
- 2013-03-26
- Administrators
- Robert Andrew Croxen, Colin Michael Trevethyn Haig
- Administrators' firm
- KPMG
- Formerly
- Horatio Myer and Company,Limited
- Incorporated
- 1901-11-26
- Location
- London
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Parent or group failure
From the administrators' statement
HAUK and HMCR were incorporated on 28 January 1981 and 26 November 1901 respectively, and their principal activities were the manufacture of beds and mattresses The Companies employed 242 people and traded from a freehold site in Huntingdon, and owned a number of brands including Dunlopillo, Myers, Staples and Slumberland
The UK Group comprises of SL with the Companies bemg its only two wholly owned subsidiaries The UK Group’s ultimate parent is HAIAB The wider Group (including HAIAB and SL) 1s not in administration and continues to trade normally
The Companies were loss making, with significant Bank debt and deficits on three DBPS The Compames were reliant upon financial support from HAIAB
Administrators' statement of proposals (2013-05-28) · Companies House register