Joseph International Ltd (05359878): administration
- Status
- Administration ended
- Administration began
- 2013-06-06
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2005-02-10
- Location
- Manchester
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Competition / price pressure
From the administrators' statement
31 The Company, incorporated in 2005, operated as a manufacturer and wholesaler of furniture trading from several retail outlets within the UK
32 The Company traded profitably over the years posting profits of cE22k and c£40k in the years ending March 2011 and 2012 respectively
33 Its financial viability has been assisted by profits being retained in the Company At the year ending March 2012, the Company’s reserves were c£288k
Administrators' statement of proposals (2013-08-06) · Companies House register