New School Trends Limited (05259286): administration
- Status
- Administration ended
- Administration began
- 2018-12-21
- Administrators
- Howard Smith, David James Costley-Wood
- Administrators' firm
- KPMG
- Incorporated
- 2004-10-14
- Location
- Leeds
- Industry
- 14190 Manufacture of other wearing apparel and accessories n.e.c.
Why it went into administration
- Property / lease costs
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 14 October 2004. It was established as a property holding company for its trading subsidiary, ST18, which leased the Property from the Company.
The Property is located at 10 Carley Drive, Westfield, Sheffield, S20 8NQ. It is the Company’s only known tangibie asset. It is a modern office and warehousing unit covering approximately 4,500 square metres, split over two floors.
As at the appointment date, the Company had five directors and no employees.
Administrators' statement of proposals (2019-03-02) · Companies House register