TSDH Assets Limited (03653185): administration
- Status
- Administration ended
- Administration began
- 2012-05-10
- Administrators
- Jamie Playford
- Administrators' firm
- Acuity Professional Partnership
- Formerly
- The Suffolk Design House Limited
- Incorporated
- 1998-10-21
- Location
- Norwich
- Industry
- 47510 Retail sale of textiles in specialised stores
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated in 1998 and developed by Julia Ewart when Mrs Ewart relocated to East Anglia, working mainly with clients in East Angla, London and the home counties The Company traded from premises in Southwold, Yoxford, Woodbndge and Ipswich.
However, when the economic climate detenorated, those premises were closed and the Company consolidated into one premises in Saxmundham, Suffolk.
Following the move, the Company retained a strong order book although future work became more difficult to secure and so staff levels were reduced from 15 to 8 and the graduate training scheme that the Company had previous used was closed to new entrants. The Company began to reduce its overheads where possible.
Administrators' statement of proposals (2012-06-07) · Companies House register