Carter Design Group Limited (01005218): administration
- Status
- Administration ended
- Administration began
- 2017-11-23
- Administrators' firm
- BDO
- Incorporated
- 1971-03-18
- Location
- Liverpool
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 18 March 1971 and more recently traded from two leasehold premises, one at North Lane, Foxton and the second at St Marys Business Park, Market Harborough, both locations being in Leicestershire.
The Company specialised in designing and installing both permanent and temporary retail displays and had been established as a market leader, retaining the business of several high profile clients such as Auto Glym, Sekonda, Christian Dior and Thorntons, amongst others.
Historically, the Company traded profitably and adapted its bespoke design and manufacture processes to account for changes in the market and the demands of its clients. However, in the year to August 2016, it made a loss of around £120,000, with a further loss, per the management accounts, of £155,000 in the year to August 2017.
Administrators' statement of proposals (2018-01-23) · Companies House register