Babywise Limited (03639932): administration
- Status
- Administration ended
- Administration began
- 2018-03-27
- Administrators
- Megan Singleton, Mark John Colman
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1998-09-29
- Location
- Preston
- Industry
- 31030 Manufacture of mattresses
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 29 September 1998 and commenced trading shortly afterwards. The Company was originally incorporated with Peter and Kathleen Cunliffe, acting as directors.
The Company manufactured mattresses, changing mats and nursing cushions, supplying the nursery trade, furniture, hotel, leisure, educational, childcare and health sectors.
The Company operated from Almond Works, Almond Street, Darwen, Lancashire, BB3 2SD (‘the Property”). The Property is owned by the Estate of Kathleen Cunliffe. We understand that the Company occupied the Property on an informal basis for an annual rent of £12,000 per annum.
Administrators' statement of proposals (2018-04-24) · Companies House register