Concept International (UK) Limited (03054939): administration
- Status
- Administration ended
- Administration began
- 2011-07-01
- Administrators
- James Richard Tickell, Carl Derek Faulds
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1995-05-10
- Location
- London
- Industry
- 5263
Why it went into administration
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
The company commenced trading in May 1995 Concept International (UK) Limited (Concept) designed and distributed bespoke picnic sets, chairs and cool bags
Stephen Bradshaw ts the sole director and shareholder At the date of administration the company also had one employee The company operated from office premises sub let on an informal basis from On Your Bike Limited
Finance was provided through a variety of sources Latterly the company had an overdraft with Lloyds Bank Plc of £79k, a loan of £130k from Mr Bradshaw's mother, and additional funding totalling £126k from On Your Bike Limited The company previously had a factoring agreement with Lloyds TSB Commercial Finance and more latterly Bibby Financial Services Both facilities have been settled tn full
Administrators' statement of proposals (2011-08-26) · Companies House register