Myhab Ltd (05876488): administration
- Status
- Administration ended
- Administration began
- 2011-07-04
- Administrators
- David Alan Rolph, Michael Finch
- Administrators' firm
- Mint Partners
- Incorporated
- 2006-07-14
- Location
- Watford
- Industry
- 7134
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
From the administrators' statement
Myhabs were developed as part of a dissertation project undertaken by the Company's sole Director, James Maurice Hamilton Dunlop They have been marketed as an eco-friendly alternative to traditional tents incorporating foam bedding, a built in locker, two way access for extra ventilation and a structural design which raises it off the ground for added insulation
The Company was incorporated in July 2006 and after much research and development tt began trading in 2008 Over a three year period its turnover grew from £135k to £471k, with a gross profit of around 25%
The product was targeted at festivals and outdoor events and activities including camping and brand sponsored events They have been rented to festival goers at many festivals including Glastonbury, T in the Park, Latitude, Electric Picnic and the Isle of Wight festival
Administrators' statement of proposals (2011-08-30) · Companies House register