Oatbrook Limited (01861726): administration
- Status
- Administration ended
- Administration began
- 2013-09-26
- Administrators' firm
- FRP Advisory
- Formerly
- Britannia Living Limited; The Range Cooker Company Limited; The Range Cooker Company PLC; J C A (UK) Limited; J.C.A. Marketing Limited; European Appliance Services Limited; Jofill Limited
- Incorporated
- 1984-11-07
- Location
- Manchester
- Industry
- 46499 Wholesale of household goods (other than musical instruments) n.e.c
Why it went into administration
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
The Company was incorporated on 7 November 1984 and operated as an importer and distributor of high quality kitchen appliances.
The Company's directors are Richard Buckley, Chnstopher Honer and Philip Oatley. The Company is 100% owned by Britannia Living Group Limited (“The Holding Company”) The Company employed 69 members of staff, all of whom were based at the Company's freehold premises in Blackpool, Lancashire.
Following a leveraged buy-out by Graphite Capital, a composite guarantee and debenture dated 5 November 2002 was granted to the Bank of Scotland pic (‘the Bank”) as secunty for all obligations owed to the Bank by The Holding Company, the Company and The Range Cooker Company Ltd (“Debenture”)
Administrators' statement of proposals (2013-11-12) · Companies House register