# Formal Affair Limited (02324725)

> Why UK company 02324725 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02324725

- **Status:** Administration ended
- **Administration began:** 2014-09-11
- **Administrators:** Dean Anthony Nelson
- **Administrators' firm:** Smith Cooper
- **Incorporated:** 1988-12-02
- **Location:** Derby
- **Industry:** 47710 Retail sale of clothing in specialised stores

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

Please note that the Company history has been prepared by Mr Richard Cook, a director of the Company, and the Administrator accepts no personal hability in respect of its contents

The Company was incorporated and commenced trading in March 1988 from a sole outlet in Central Birmingham, opening a second store in Walsall, in June 1988 The Company’s directors and shareholders were husband and wife, Richard and Julia Cook

Initially, the Company focused on formalwear, with the option to either hire or purchase clothing for special events/occasions In the early years, trade was split evenly between wedding wear and evening wear In the mid-1990’s, the Company expanded its product range and began retailing bridal wear, trading under the style, ‘Francesca Bridal Wear’

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02324725/filing-history/MzExMTA0MjYzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02324725

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.