# Sabi Interiors Limited (04549282)

> Why UK company 04549282 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04549282

- **Status:** Administration ended
- **Administration began:** 2013-03-21
- **Administrators' firm:** Mazars
- **Incorporated:** 2002-10-01
- **Location:** London
- **Industry:** 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store

## Why it went into administration

- Property / lease costs
- Sustained trading losses
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was a retailer of exclusive high-end beds that traded under the brand name of Marshall and Stewart It traded from premises in Chelsea and the West End in London and Walton-on-Thames in Surrey It also had two warehouses in Brentford in Middlesex

Since 2007, the Company has been funded by Reformer Dormeur Limited (“RDL”), the majonty shareholder and secured creditor of the Company

The Chelsea and West End stores were historically profitable, however, the Walton-on-Thames store was loss making

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04549282/filing-history/MzA3NjkzNTE0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04549282

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