The Quality Furniture Company Limited (04927144): administration
- Status
- Administration ended
- Administration began
- 2018-08-02
- Administrators
- Christopher Robert Pole, Mark Jeremy Orton
- Administrators' firm
- KPMG
- Formerly
- Castlegate 282 Limited
- Incorporated
- 2003-10-09
- Location
- Nottingham
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Rising costs / inflation
- Loss of a key customer, supplier or contract
- Property / lease costs
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 2003 and its principal activity was the design and manufacture of upholstered furniture for sale in major UK retailers.
The Company was based in Grantham, Lincolnshire, where it operated from leasehold premises on Alma Park Road owned by the Company’s parent, QFH Limited. Creditors should note that QFH Limited entered administration on 24 August 2018, with Chris Pole and Mark Orton also being appointed Joint Administrators.
There were 271 employees at the Company at the date of appointment.
Administrators' statement of proposals (2018-10-05) · Companies House register