Spires Hairdressing Limited (06718404): administration
- Status
- Administration ended
- Administration began
- 2014-01-29
- Administrators
- Malcolm Peter Fillmore, Andrew James Pear
- Administrators' firm
- Moorfields
- Incorporated
- 2008-10-08
- Location
- Crawley
- Industry
- 96020 Hairdressing and other beauty treatment
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
Spires Hairdressing Limited was formed in October 2008 by Mrs Karen Dandy and traded as a hairdressing and beauty salon from leasehold premises in East Grinstead aimed at the upper end of the market The Company ts owned outnght by Mrs Dandy and she was the sole director
Initially the Company operated solely as a hairdressing salon but approximately 2 years ago the director set up a beauty salon from scratch and invested in enhancing the leasehold premises Although the business has built up steadily, various problems and difficulties were encountered Several of the trained staff left the business through pregnancy or choosing to join other salons in the area This had the effect of reducing turnover and put a strain on cash flow As a result the amounts due to HMRC built up over a period of time
Atherton Bailey (now merged into BM Advisory) was first introduced to the Company by the director's husband, Richard Dandy, in March 2013 as the Company had built up substantial arrears wth HMRC Pnor to then, we had no professtonal relationship with the Company, although we had previously been consulted by or assisted Mr Dandy in respect of unrelated business matters
Administrators' statement of proposals (2014-03-25) · Companies House register