# L.K. Bennett Limited (02699136)

> Why UK company 02699136 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02699136

- **Status:** Administration ended
- **Administration began:** 2019-03-07
- **Administrators' firm:** EY
- **Incorporated:** 1992-03-20
- **Location:** Birmingham
- **Industry:** 47190 Other retail sale in non-specialised stores

## Why it went into administration

- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Cyber attack / IT failure

## From the administrators' statement

The Company was incorporated in March 1992 with the purpose of carrying on the “affordable” luxury brand founded by Linda Bennett in 1990. The Company's principal activities evolved over time and extended to the design, retail and wholesale of high quality women's clothing, footwear, leather goods and accessories.

In 2008, Linda Bennett sold a 70% stake in the business to Phoenix Equity Partners and Sirius Equity. A further corporate restructuring in 2017 resulted in a change of ownership of the ultimate parent company, Eywood Limited, of which Linda Bennett became the sole shareholder.

bende h Bennett

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02699136/filing-history/MzI0MDE4NTIwMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02699136

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