From the administrators' statement

The Company was incorporated on 20th April 2005 and commenced trading on 1st May 2005 operating as a retail outlet for the sale of Spas. It was formed by Kevin Sanger and Isobel Rickards - Sanger both company directors and the joint shareholders.

All funding came from the two Directors personally, their initial investment was £5,000 each in the form of a Director’s loan. No other external investments were raised.

The Company’s principal trading address was at Sunbelt House, Brympton Way 23 Yeovil BA20 2HP. The Company operated from this premises on a leasehold basis. The Company imported and sold Spas and Swimming Pools and employed 5 staff including full time working Directors.

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Elite Spas Limited (05430396)

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