MLN Homewares Ltd (07952154): administration
- Status
- Administration ended
- Administration began
- 2013-10-07
- Administrators' firm
- Working Capital Partners
- Incorporated
- 2012-02-16
- Location
- London
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
21 MLN Homewares Limited was incorporated 16" February 2012 and was an importer of home accessory Items that were sold to high street retailers The Company was financed with an overdraft from Barclays Bank plc, together with an invoice finance arrangement provided by Working Capital Partners Limited
22 The Company traded from premises at Unit 7A Sketchley Meadows Industrial Estate, Hinckley, Leicestershire LE10 3EN These premises were rented under a lease at a cost of £1,500 per month The Company paid commercial rates on the property at a cost £1,001 per month
23 The Company initially had three Directors who were Louise Collier, Mark Collier and Nathan Golby Mr Golby left the Company on the 17" December 2012
Administrators' statement of proposals (2013-12-04) · Companies House register