K M Furniture Limited (02904284): administration
- Status
- Administration ended
- Administration began
- 2015-05-20
- Administrators
- Howard Smith, Jonathan Charles Marston
- Administrators' firm
- KPMG
- Formerly
- K.M. Office Furniture Limited; Talkroom Limited
- Incorporated
- 1994-03-03
- Location
- Leeds
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 3 March 1994, and was a designer and manufacturer of educatronal furniture, which tt supplied to schools and colleges through third party distributors It also manufactured contract furniture, primarily fitted bedrooms and studio furniture, for the construction industry
Prior to the appointment of the Joint Administrators, the Company had a total workforce of 74 employees and traded from one site on Pottery Lane West, Chesterfield
2.2. Funding and financial position of the Company
Administrators' statement of proposals (2015-07-21) · Companies House register