# Yorkshire BED Company Limited (03660274)

> Why UK company 03660274 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03660274

- **Status:** Administration ended
- **Administration began:** 2011-06-27
- **Formerly:** Yorkshire Bedding Company Limited
- **Incorporated:** 1998-11-02
- **Location:** Driffield
- **Industry:** 5244

## Why it went into administration

- Cash flow / liquidity pressure
- Property / lease costs

## From the administrators' statement

The company’s business was that of a retailer of bedroom furniture primarily bedsteads, mattresses, and divan sets together with accessories such as pillows, mattress protectors, and also some furniture such as wardrobes and bedside units The company had 13 employees

HSBC has a fixed and floating charge over the company’s assets and undertaking created on 28 March 2000 as well as a legal mortgage dated 22 March 2005 There 1s also a legal charge dated 22 March 2005 in favour of Raymond Oliver, Julie Margaret Oliver and St Cross Trustees Limited It is understood by the director, Mr Domney that although both the legal mortgage and the legal charge remain outstanding on the register at Compames House both charges are satisfied and relate to the company’s former trading premises at Hessle which was sold

During the early to middle part of 2011, the company began to experience cash flow difficulties

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03660274/filing-history/MzA0MjUyMjYyMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03660274

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