A.&J.Carter Limited (00490175): administration
- Status
- Administration ended
- Administration began
- 2015-09-29
- Administrators' firm
- Springfields Busmess Recovery & Insolvency
- Incorporated
- 1951-01-04
- Location
- Leicester
- Industry
- 74100 specialised design activities
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorpoiated on 4 January 1951 and opeiated in the design and development of baby and childrens wear In 1996, the business was acquired by the present owners and the Company repiesented the UK branch of a group of companies headed by A & J Carter (HK) Limited (““AJH”), based in Hong Kong The gioup traded successfully for a number of yeais developing a suong reputation 1n the industry
In October/November 2014, AJH proposed to close the UK bianch and move the sales functions to Hong Kong The Company entered into consultation with its employees with a view to making staff redundancies In December 2014, having undertaken a review of the budget and operational costs, AJH decided that the UK branch would 1emain open and all employees 1emained
The manufacturing process was initially undertaken in the UK befoie :clocating to China and subsequently Cambodia due to costs issues. The group was financially impacted by manufacturing issues in Cambodia resulting in the loss of a key contract
Administrators' statement of proposals (2015-12-02) · Companies House register