Tinetty's Toys Limited (06019153): administration
- Status
- Administration ended
- Administration began
- 2014-02-13
- Administrators
- Christopher Nigel Mckay, Christoper Kenneth Williams
- Administrators' firm
- FRP Advisory
- Incorporated
- 2006-12-05
- Location
- Cambridge
- Industry
- 47650 Retail sale of games and toys in specialised stores
From the administrators' statement
The Company was incorporated on 15 December 2006 as a retail shop trading from leasehold premises at 23 Goal Lane Sudbury. It has been histoncally profitable but due to the recession sales have fallen dramatically whilst overheads continue to rise The directors realised they could not continue and sought advice from McTear Williams
and Wood on 12 February 2014
It was agreed with the approval of Toymaster Limited ("TL") who hold both a floating charge and a retention of title over all of the stock that the company be placed quickly into administration with TL allowing the company to continue to trade to sell the
Administrators' statement of proposals (2014-03-27) · Companies House register