Bead Barmy Ltd (07877526): administration
- Status
- Administration ended
- Administration began
- 2013-05-29
- Administrators' firm
- RSM
- Formerly
- Beads Barmy Ltd
- Incorporated
- 2011-12-09
- Location
- Brighton
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Sustained trading losses
From the administrators' statement
The director, Mr Geoffrey Ellis, first established the business in March 1986 trading from a shop based in Sydney Street, Brighton Mr Ellis continued to operate as a sole-trader until 9 December 2011 when the Company was incorporated Mr Ellis is the sole director and sole shareholder of the Company
In 1994 the Beads Unlimited brand was established and in 1995 the business expanded into an additional premises to facilitate the processing of mail order sales which had become a mayor part of the business
The www beadsunlimited co uk website was launched in 2002 and in 2004 the website was re-vamped to make it a fully functioning shopping site A further expansion into a 1,000 square foot premises was completed in 2011 to accommodate the Company’s growing packaging ranges and client base
Administrators' statement of proposals (2013-06-26) · Companies House register