CSDL Limited (05747502): administration
- Status
- Administration ended
- Administration began
- 2014-08-19
- Administrators' firm
- RMT Accountants & Business Advisors
- Incorporated
- 2006-03-17
- Location
- Newcastle upon Tyne
- Industry
- 96020 Hairdressing and other beauty treatment
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company’s principal business Is as a hair and beauty salon which trades from premises at Manor Walks Shopping Centre, Cramlington, Northumberland
The Company was incorporated on 17 March 2006 and trades under the SAKS Hair & Beauty name under franchise agreements with SAKS Franchise Services Ltd and SAKS Hair Holdings Ltd
From incorporation the Company traded successfully increasing turnover year on year even through the recession, having built up a good reputation and high customer retention rate
Administrators' statement of proposals (2014-09-08) · Companies House register