# Timscris Reader Offers Limited (02943898)

> Why UK company 02943898 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02943898

- **Status:** Administration ended
- **Administration began:** 2011-10-05
- **Incorporated:** 1994-06-29
- **Location:** Gateshead
- **Industry:** 5261

## Why it went into administration

- Sustained trading losses
- Weak consumer demand
- HMRC / tax arrears

## From the administrators' statement

The company was incorporated on 29 June 1994 The company was established as a product sourcing and mail order fulfilment company and initially worked with the Mail on Sunday before expanding to all national newspapers in the ten years that followed By 2005 the company had expanded to working with magazine groups including BBC Worldwide, IPC Media and the National Magazine Company as well as establishing its own brand, Lifestyles Direct

The company specialised in sourcing branded and non-branded house and garden wares, as well as gifts and “gadget products” sold via media reader offers in print, catalogues and via websites With an active portfolio of 250 lines at any one time and recognised speciality In brands and bedding, Timscris was one of the leading suppliers in the industry

Prior to the administration, the registered office of the company was H3 Kinghts Park, Knights Road, Strood, ME2 2LS The company operated from Strood, Kent where it had three warehouse units which included office and storage space The company's accounts and creative departments operated out of these premises The company had additional premises in Wandsworth

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02943898/filing-history/MzA0ODQyNDU2MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02943898

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