Broad Oak Toiletries Limited (01971053): administration
- Status
- Administration ended
- Administration began
- 2016-02-05
- Administrators
- Danny Dartnaill, Simon Edward Jex Girling
- Administrators' firm
- BDO
- Formerly
- Broak Oak Toiletries Limited; Broad Oak Soap Company Limited
- Incorporated
- 1985-12-13
- Location
- Bristol
- Industry
- 20420 Manufacture of perfumes and toilet preparations
Why it went into administration
- Competition / price pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 13 December 1985 and operated as a contract manufacturer of perfumes and other toiletnes, initially serving the demand of its parent company Floris of London (together with the Flons group of compames, hereinafter referred to as “Floris”} but subsequently expanding to offer manufacturing capabilities to other third party customers.
The contract manufacturing business saw solid growth and soon had outgrown the Company’s location in West Sussex. A new factory was built at Tiverton by Floris and leased to the Company in 1989. The Company’s entire operation moved to Tiverton. The business continued to grow through contract manufactunng work which was plentiful, required low overheads but had thin profit margins. A further warehouse at
Broad Oak Toletries Limted
Administrators' statement of proposals (2016-04-01) · Companies House register