Luxury For Less Limited (08013835): administration
- Status
- Administration ended
- Administration began
- 2020-03-19
- Administrators
- Andrew Poxon, Sean Williams
- Administrators' firm
- Leonard Curtis
- Formerly
- Consumer Investment Partners Ltd; Ingleby (1887) Limited
- Incorporated
- 2012-03-30
- Location
- Manchester
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 30 March 2012 and commenced to trade shortly thereafter. The Company traded as an online bathroom retailer, via the website Soak.com. The Company employed circa 150 staff.
3.2
3.3
Administrators' statement of proposals (2020-05-26) · Companies House register