Rapunzel Hair Limited (06228858): administration
- Status
- Administration ended
- Administration began
- 2015-03-16
- Administrators
- Simon Franklin Plant, Daniel Plant
- Administrators' firm
- SFP Restructuring
- Incorporated
- 2007-04-27
- Location
- London
- Industry
- 96020 Hairdressing and other beauty treatment
Why it went into administration
- Weak consumer demand
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Albeit that statutory information is contained in Appendix II, these Proposals provide brief details in relation to the Company's history This history has been compiled following conversations between the Team and the Directors, subsequent to the placing of the Company into Administration
The Company was incorporated on 27 April 2007 and commenced trading as a children’s hair salon based in Chelsea The trading style of the Company, and name of the salon, was Tantrum As at the date of Administration, Mr Ambler and Ms Malik were the appointed directors A full list of appointments 1s appended to this report
The Company obtained a small firms loan from Lloyds Bank to assist with funding, in the sum of £121,480 The terms of repayment provided for monthly sums of £1,065 63 to be paid over 114 months, with repayments commencing 7 months from the opening of the loan The Company also obtained an overdraft with Lloyds Bank By way of secunty, Lloyds Bank was granted a debenture by the Company, which was registered at Compantes House on 11 August 2007
Administrators' statement of proposals (2015-06-05) · Companies House register