# Managebest Limited (05975529)

> Why UK company 05975529 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05975529

- **Status:** Administration ended
- **Administration began:** 2021-11-29
- **Administrators:** Michael Colin John Sanders, Georgina Marie Eason
- **Administrators' firm:** MHA
- **Incorporated:** 2006-10-23
- **Location:** London
- **Industry:** 96090 Other service activities n.e.c.

## Why it went into administration

- Weak consumer demand
- Property / lease costs
- COVID-19
- Sustained trading losses

## From the administrators' statement

Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.

Managebest Limited (“the Company”) was incorporated on 23 October 2006 under the company registration number 05975529. The Company traded using the name ‘Carat London’ and was a jewellery retailer with leasehold premises located in 5 different locations in London and Oxford and two concession stores in Selfridges. The Company also traded online via their website. Scott Maurice Mattison Thompson is the Company's sole director and the sole shareholder is Carat Group Limited ("CGL’), a company incorporated and registered in Hong Kong under Hong Kong company registration number 0829612.

The Company’s registered office address was 62 High Street, Wimbledon, London, United Kingdom, SW19 5EE. The Company traded from the following leasehold premises:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05975529/filing-history/MzMyNTc1MzA3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05975529

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.