# KIT For Kids Limited (02851499)

> Why UK company 02851499 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02851499

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02851499/filing-history/MzIzMTYyNTg4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02851499

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