Gossip Clothing Limited (07804191): administration
- Status
- Administration ended
- Administration began
- 2020-11-17
- Administrators
- Yiannis Koumettou, Ninos Koumettou
- Administrators' firm
- Begbies Traynor
- Formerly
- Crisp Clothing Limited
- Incorporated
- 2011-10-10
- Location
- London
- Industry
- 46420 Wholesale of clothing and footwear
Why it went into administration
- COVID-19
- Property / lease costs
- Bad debts / customer insolvency
- Weather / natural events
From the administrators' statement
The Company trades as a design led supplier working closely with its customers to create and manufacture high fashion ladies clothing. The Company was incorporated in 2011 operating from premises based in Potters Bar, Hertfordshire. The Company currently employs 26 employees.
The clothing sold by the Company is designed by the Company’s design team who operate from the Potters Bar Premises. We are advised that the Company occupies this premises as tenants at will at a rent of £21,893.30 per quarter.
The Cut Make and Trim (“CMT”) Manufacturing is undertaken by various third parties. This is currently undertaken on the Company’s behalf by factories based in Romania and Morocco.
Administrators' statement of proposals (2021-01-12) · Companies House register