From the administrators' statement

The Company was incorporated on 30 January 1995, although the business was established 49 years ago and previously traded as a sole proprietorship and then as a partnership

The Company traded as a furniture, curtain and carpet retailer and operated from 5 stores located across the West Yorkshire region

On 6 September 2010 a meeting between the Company and its creditors was held to consider a proposal for a Company Voluntary Arrangement ("CVA") The proposal was accepted with modifications and Wiilam Duncan and Sarah Loutse Burge, both of RSM Tenon, were appointed Joint Supervisors In summary, the CVA was to provide a return to creditors in the region of 51 pence in the pound, based on voluntary contributions over a period of five years

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Booco Limited (03015692)

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