Designer Ideas Limited (04308080): administration
- Status
- Administration ended
- Administration began
- 2018-02-06
- Administrators' firm
- Kroll
- Incorporated
- 2001-10-19
- Location
- London
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Cash flow / liquidity pressure
- Regulatory change or action
- Funding withdrawn / unable to refinance
- Property / lease costs
- Sustained trading losses
- Brexit
- Competition / price pressure
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company was incorporated on 19 October 2001. The Company specialised in the manufacture and sale of beds, mattresses and bedroom furniture.
The main centre of operations was the manufacturing plant located at Units 2 to 4, Uplands Business Park, Blackhorse Lane, London E17 5QJ. The head office was located at 3A Prowse Place, Camden, London NW1 9PH. The Company also traded from the Properties, being 14 showrooms across London and the south of England.
Administrators' statement of proposals (2018-04-12) · Companies House register