The Garden Trading Company Limited (02854160): administration
- Status
- Administration ended
- Administration began
- 2022-11-16
- Administrators' firm
- Interpath Advisory
- Formerly
- Gibson Jones Limited
- Incorporated
- 1993-09-16
- Location
- London
- Industry
- 46499 Wholesale of household goods (other than musical instruments) n.e.c
Why it went into administration
- Supply chain disruption
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The Company was originally founded in 1994 by Jon Holloway. The original business was based around garden products with the vision to develop a distinctive look into a lifestyle
brand. The Company subsequently expanded into adjacent categories including lighting, homeware, indoor furniture, and kitchenware. The Company had been on a growth trajectory and had reached turnover of £20 million during 2021. The Company was acquired by the Group in February 2021 and Jon Holloway subsequently left business.
Prior to appointment of the Joint Administrators, the Company sold their products via its Ecommerce platforms and to trade customers. There was 53 staff employed by the Company across warehouse and head office functions.
Administrators' statement of proposals (2023-01-04) · Companies House register