06582352 Limited (06582352): administration
- Status
- Administration ended
- Administration began
- 2014-08-21
- Administrators
- Clive Morris
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2008-05-01
- Location
- Heskin
- Industry
- 31030 Manufacture of mattresses
Why it went into administration
- Bad debts / customer insolvency
From the administrators' statement
Sleep Times Limited was incorporated on 01 May 2008 under the directorship of Tafazal Hussain The company traded from Unit 1, Vulcan Works, Grange Road, Batley, WF17 6LN with its principal business being the manufacture and sale of beds and mattresses
The Company began trading immediately and turned over £819,439 in its first financial year ending May 2009 Although the Company had turned over a significant amount it had only made a profit of £6,454
The following year the Company experienced a sizeable growth with turnover rising to £1,227,090 The Company’s profit also followed suit increasing to £17,541 although this remained a low level of profit in comparison to the level of turnover
Administrators' statement of proposals (2014-10-09) · Companies House register