Mark Webster Holdings Limited (02549165): administration
- Status
- Administration ended
- Administration began
- 2022-08-22
- Administrators
- Lee Causer, Mark Thornton
- Administrators' firm
- BDO
- Formerly
- Mark Webster Furniture Limited; E M Webster Limited; Mark Webster Furniture Limited
- Incorporated
- 1990-10-16
- Location
- Liverpool
- Industry
- 46470 Wholesale of furniture, carpets and lighting equipment
From the administrators' statement
As per the Company’s accounts up to 31 March 2021 there were investments in Designs totalling £82,139 and intercompany loans totalling £209,896 which were outstanding. As Designs entered Administration, there was little prospect of these amounts being repaid to facilitate the payment of the Company’s creditors. As such, the Directors concluded that there was no option but to place the Company into an insolvency process.
Administrators' statement of proposals (2022-10-21) · Companies House register