Reading Office Furniture Limited (06708738): administration
- Status
- Administration ended
- Administration began
- 2015-09-21
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Incorporated
- 2008-09-26
- Location
- Reading
- Industry
- 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
Why it went into administration
- Rising costs / inflation
- Bad debts / customer insolvency
From the administrators' statement
The Company was set up in October 2008 and began trading in restoring and supplying second hand office furniture
The Company purchased the business and assets from the Administrators of Aberdale Distribution Limited which entered Administration in September 2008, a company tn with Mr Crookes was a former Director.
From the outset, the business was understaffed, and was not able to afford a financial controller. Instead the sales team handled all the customer invoicing and purchases on SAGE.
Administrators' statement of proposals (2015-11-09) · Companies House register