# VIE Cosmetics (Purchasing) Limited (04177408)

> Why UK company 04177408 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04177408

- **Status:** Administration ended
- **Administration began:** 2011-07-29
- **Formerly:** Virgin VIE At Home (Purchasing) Limited; The Virgin Cosmetics (Purchasing) Company Limited; Notsallow 141 Limited
- **Incorporated:** 2001-03-12
- **Location:** Fareham
- **Industry:** 5145

## Why it went into administration

- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

At the date of appointment, Vie Cosmetics (Purchasing) Limited (VCP) was one of a group that handled the Vie at Home business VCP managed the purchasing and stockhoiding operation, procuring stock from suppliers, holding it in warehouse facilities and delivering it to customers who had contracted with another group company

Virgin Vie At Home was originally launched by Virgin in 1996 as a party plan operation with ultimately around 10,000 consultants hosting parties to sell cosmetics and skincare products direct to their friends and family, as well as operating a number of high street retail outlets VCP was incorporated in March 2001, initially to manage the operation outside the UK

In 2009, there was a management buy-out from Virgin and two onginal directors of the Virgin operation, Rosalind Simmons and Ratankumar Daryani, took sole contro! of the group They also became the two directors of VCP

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04177408/filing-history/MzA0NDM5MzM3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04177408

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