Ginger Westfield Limited (06668931): administration
- Status
- Administration ended
- Administration began
- 2011-08-03
- Administrators
- David Michael Clements, Terry Evans
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Incorporated
- 2008-08-11
- Location
- Reading
- Industry
- 9302
Why it went into administration
- Property / lease costs
- Creditor pressure / legal action
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Company was incorporated on 11 August 2008 as a hairdresser and beauty treatment supplier and traded under the umbrella brand known as “The Ginger Group” in hairdressing salons across London and the South East of England
The Company secured funding late 2008 from Clydesdale Bank Plc (“Clydesdale”) through a bank overdraft facility which was secured against the Company's assets
Historically the Company appears to have traded well with profit being shown in the filed accounts for the year to 31 August 2009
Administrators' statement of proposals (2011-10-03) · Companies House register