Highline Trading Limited (08909308): administration
- Status
- Administration ended
- Administration began
- 2019-07-19
- Administrators
- Paul Adam Weber, Martin Henry Linton
- Administrators' firm
- Leigh Adams
- Incorporated
- 2014-02-24
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Bad debts / customer insolvency
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Administrator.
The company was set up in 2014 to source and import domestic sewing machines and parts. One of the directors, Raymond Vooght, had over 50 years’ experience in the domestic sewing machine industry. The other director, Alan Kaye, was a chartered accountant who was responsible for its financial decisions who resigned on 12 October 2018. Mr Alan Cartwright who was also a director resigned on 1st June 2016 because of poor health.
The aim of the company was to introduce branded machines into the UK market as well as own brand, Highline. By using his previous contacts, Mr Vooght would present products offering competitive prices and superior products than its competitors.
Administrators' statement of proposals (2019-09-13) · Companies House register