Rainbow Decorative Products Ltd. (05512091): administration
- Status
- Administration ended
- Administration began
- 2011-12-06
- Administrators
- Richard Howard Toone, Kevin Anthony Murphy
- Administrators' firm
- Insolvency Practitioners of CVR Global
- Formerly
- Rainbow Woodchips (UK) Limited
- Incorporated
- 2005-07-18
- Location
- Reading
- Industry
- 2051
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated on 18 July 2005 as a supplier and manufacturer of coloured woodchips and aggregates The Company was previously known as Rainbow Woodchips (UK) Limited, but changed its name to the Rainbow Decorative Products Limited on 28 August 2010
The Company operated from a farm in Binegar, near Bath at which they rented an outbuilding to house production, the Company employed three staff, two of which were also directors of the Company The Company’s client base was mainly the general public and garden centres The majority of their sales came through repeat sales and internet orders taken through the Company’s website
The Company operated two bespoke production lines, designed and put together by the directors of the Company to facilitate the production of woodchips and aggregates It ts understood that a portion of this production line machinery Is subject to retention of title through various suppliers
Administrators' statement of proposals (2012-02-04) · Companies House register