KIT For Kids Limited (02851499): administration
- Status
- Administration ended
- Administration began
- 2019-02-21
- Administrators
- Martha Hanora Thompson, William Matthew Humphries Tait
- Administrators' firm
- BDO
- Incorporated
- 1993-09-08
- Location
- London
- Industry
- 46470 Wholesale of furniture, carpets and lighting equipment
From the administrators' statement
The Company was incorporated in 1993 and operated within two core markets: Education and Nursery, with a focus on child wellbeing and stimulation. The Company operated from a leasehold premises in Sevenoaks, Kent, and a leasehold warehouse premises in North Walsham, Norfolk.
The latest trading results reported net losses of £1.05m for the 8 month period ending 31 October 2018 and £2.4m for the financial year ended 28 February 2017. The losses were primarily driven from the nursery business. The Company is insolvent on a balance sheet basis, with a net liability position of £1.89m as at 30 November 2018.
Administrators' statement of proposals (2019-04-09) · Companies House register