Custom Furniture Direct Ltd (05925408): administration
- Status
- Administration ended
- Administration began
- 2012-02-07
- Administrators
- Andrew James Hawksworth
- Administrators' firm
- Augusta Kent
- Formerly
- Custom Made Furniture Direct Ltd; CMF (Grantham) Ltd; CMF (Gantham) Ltd
- Incorporated
- 2006-09-05
- Location
- Faversham
- Industry
- 5115
Why it went into administration
- Property / lease costs
- Weak consumer demand
- HMRC / tax arrears
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Andrew Sills started the furniture retail business, selling the finished goods of his Father's — John Sills - furniture manufacturing business When his Father's business went into liquidation in 2005, Andrew’s business bought some of the assets The Company sold outsourced furniture and home furnishings and
self manufactured soft furnishings
The company traded profitably over the first two years Andrew Sills embarked on a program of growth for the Company additional machinery was sourced and staff recruited to increase
Administrators' statement of proposals (2012-03-16) · Companies House register