Oceans Outdoor Furniture Limited (07456065): administration
- Status
- Administration ended
- Administration began
- 2013-08-30
- Administrators' firm
- Kroll
- Formerly
- HUK 4 Ltd
- Incorporated
- 2010-12-01
- Location
- Manchester
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- Weather / natural events
- Property / lease costs
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Supply chain disruption
- Parent or group failure
From the administrators' statement
Statutory information on the Companies and a summary of their financial history ts included at Appendix 4
The business of the Companies commenced in 2004 The principal activity of the business was the manufacturing, sourcing, import, wholesale and retail of garden furniture
This business had expanded rapidly in the period from 2007 to 2011 and had been a profitable business achieving turnover in excess of £9 million in less than five years, without any external funding
Administrators' statement of proposals (2013-10-24) · Companies House register