Shoe Solutions Limited (06437428): administration
- Status
- Administration ended
- Administration began
- 2012-06-12
- Administrators
- Paul William Harding, Mark Elijah Thomas Bowen
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2007-11-26
- Location
- Droitwich
- Industry
- 15200 Manufacture of footwear
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in November 2007 The business was a restructure of Beefly Limited which entered into Creditors’ Voluntary Liquidation in November 2008 The business was run on a day to day basis by Lisa Ellis, Madeline Ellis and Simon Ellis
The Company tnttally operated from the director Simon Ellis’s home in Queniborough, Leicester and latterly from October 2011 from rented premises in Thurmaston, Leicester
Inttal finance was by way of an invoice factoring arrangement with Five Arrows Commercial Finance Limited and from March 2009 this finance arrangement was transferred to Bibby Financial Services Limited
Administrators' statement of proposals (2012-08-08) · Companies House register