Beaconsfield Footwear Limited (00641365): administration
- Status
- Administration ended
- Administration began
- 2023-07-18
- Administrators
- William James Wright, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Incorporated
- 1959-11-06
- Location
- London
- Industry
- 15200 Manufacture of footwear
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 6 November 1959, and traded under the brand ‘Hotter Shoes’. Its principal activity was the design and sale of footwear through a multi-channel business structure via its 26 retail sites in the UK, mail order catalogue and online platforms. The Company manufacturers the majority of its own products from its leasehold facility in Skelmersdale, which is also the Company's registered office address.
The Company is a subsidiary of UBG, an entity listed on AIM. The Company employed 421 employees across the business. At the date of appointment of the Joint Administrators, the Company had two statutory directors: Gavin Manson (CFO) and lan Watson (CEO) (together the ‘Directors’).
1.2. Funding and financial position of the Company
Administrators' statement of proposals (2023-08-19) · Companies House register