Ranvic Furniture Limited (05645081): administration
- Status
- Administration ended
- Administration began
- 2014-06-05
- Administrators
- Richard Paul James Goodwin, Roderick Graham Butcher
- Administrators' firm
- Butcher Woods
- Incorporated
- 2005-12-05
- Location
- Birmingham
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
In December 2005 Ranvic Furniture T/A Charter Furniture was formed with 5 family members, namely Lee Baggott, Stephen Baggott, Edward Baggott, Craig Baggott and Dean Baggott
It began supplying a customer which had 68 stores nationwide until they fell into difficulty and eventually entered administration
The company then managed to start dealing with a further customer and rapidly became a key supplier, with turnover increasing to over £3Million
Administrators' statement of proposals (2014-07-31) · Companies House register