Business Bureau Limited(The) (01566643): administration
- Status
- Administration ended
- Administration began
- 2016-03-24
- Administrators' firm
- BM Advisory
- Incorporated
- 1981-06-08
- Location
- London
- Industry
- 47190 Other retail sale in non-specialised stores
From the administrators' statement
The Company was incorporated on 8 June 1981 and began trading with the purpose of filling a gap that had been identified in the focal Mid Sussex market, by providing copying, printing and word-processing services to both retail and business customers. The current directors are John Quartley and Joan Quartiey who are also the shareholders of the parent company, Waterfall Limited.
Operating from leasehold premises at 2-6 The Broadway, Haywards Heath, Sussex, RH16 3AH the Company traded as a commercial office supplies business with both a physical store and online luggage shop to service customers.
The business grew steadily from incorporation and during the fate 1990's turnover achieved its peak of around £13 million. This gradually declined overtime and it was recognised during the early 2000's that internet shopping and the reluctance of the local council to continue to encourage local businesses were impacting the turnover of the Company. It was also observed that previous customer ‘local loyalty’ was declining causing the directors to review the business plan and adjust its staffing levels and other overheads to reflect the slowly declining but still profitable business.
Administrators' statement of proposals (2016-08-23) · Companies House register