# Betterware Limited (07962214)

> Why UK company 07962214 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07962214

- **Status:** Administration ended
- **Administration began:** 2018-04-13
- **Administrators:** Claire Elizabeth Dowson, Gareth David Rusling
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Stanley House Products Limited
- **Incorporated:** 2012-02-23
- **Location:** Sheffield
- **Industry:** 47990 Other retail sale not in stores, stalls or markets

## Why it went into administration

- Creditor pressure / legal action
- HMRC / tax arrears
- Property / lease costs
- Bad debts / customer insolvency
- Weather / natural events

## From the administrators' statement

The Company was founded in 1928 and was subsequently incorporated in February 2012.

Trading as a retailer of homeware products from leased premises in Birmingham, the Betterware name is well known for selling to customers in their homes via catalogues and a distribution network.

In 2012 the Company entered into Receivership. After various management changes and restructures the business was sold to the incumbent management in October 2015.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07962214/filing-history/MzIwNzIwNjExNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07962214

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.