United Perfumes Limited (06333288): administration
- Status
- Administration ended
- Administration began
- 2023-07-20
- Administrators
- Gordon Thomson, Matthew Robert Haw
- Administrators' firm
- RSM
- Incorporated
- 2007-08-03
- Location
- London
- Industry
- 46450 Wholesale of perfume and cosmetics
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Weak consumer demand
- Rising costs / inflation
- Brexit
From the administrators' statement
The Company was incorporated on 3 August 2007 and the directors are Christopher Yu and Laurent Delafon (“the Directors”). The Directors own 50% of the shares each.
The Company operated as a licence holder, distributor and consultant for the fragrance industry. Specifically, it created fragrances and fragrance products for various luxury brands with Paul Smith being the primary customer (under a worldwide exclusive licence). The Paul Smith licence — and those provided by other brands — may be terminated upon insolvency of the Company.
Prior to insolvency, the Company employed eight members of staff, plus the two directors.
Administrators' statement of proposals (2023-08-29) · Companies House register