# Talbots (Birmingham) Limited (00366112)

> Why UK company 00366112 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00366112

- **Status:** Administration ended
- **Administration began:** 2015-04-08
- **Administrators' firm:** Deloitte
- **Incorporated:** 1941-03-26
- **Location:** Droitwich
- **Industry:** 32120 Manufacture of jewellery and related articles

## Why it went into administration

- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

Julie Fowler-Drake became managing director of the Company tn July 2010 after her father passed away Andrew Fowler and Rosalind Fowler also became directors and shareholders although had no day to day involvement with the running of the business

initially the company had an overdraft facility, 52 staff and £4 million worth of stock located in 5 warehouses The current directors’ late father had injected the sum of £540,000 into the company by way of a director's toan Barclays Bank PLC held security by way of a debenture which created fixed and floating charges over the company’s assets These charges have however subsequently been released due to the company re-financing with PCF

The Company was the largest jewellery box supplier in the UK and exported to Germany, SA and Australia, over 7 million units were manufactured tn the Far East

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00366112/filing-history/MzEyMjU0MzI1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00366112

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.