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Hansens Kitchen Equipment Limited (00767851): administration

Status
Administration ended
Administration began
2012-10-15
Administrators
Jane Bronwen Moriarty, Robert Andrew Croxen
Administrators' firm
KPMG
Formerly
Hansens Kitchen & Bakery Equipment Limited
Incorporated
1963-07-17
Location
London
Industry
33200 Installation of industrial machinery and equipment

From the administrators' statement

The Company operated from a leasehold site in Fulham, London. It operated both a contracts business, designing and building bespoke kitchens for hotels and restaurants and a light equipment retail business The business generated sales of £3 3 million in the 12 months ended 30 September 2012, of which approximately 80% 1s attmbuted to its contracts business The Company employed 17 people at the date of the Admunistrators’ appointment

In the months leading to the Admumuistrators’ appointment, the Company’s contract services business had seen a decline in new orders which placed a considerable working capital strain upon the Company due to historical unpaid debts.

In September 2012 the Company did not gain a potential new contract expected to be worth approximately £500,000, which combined with delays on another large contract resulted in the Director considering the future viability of the business in consultation with his business advisor

Administrators' statement of proposals (2012-11-28) · Companies House register

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Hansens Kitchen Equipment Limited (00767851)

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