# Uggbugg Fashion Ltd (08918157)

> Why UK company 08918157 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08918157

- **Status:** Administration ended
- **Administration began:** 2025-07-28
- **Incorporated:** 2014-03-03
- **Location:** Manchester
- **Industry:** 47510 Retail sale of textiles in specialised stores

## From the administrators' statement

Despite previous positive trading performance, the Company's turnover decreased significantly from £12.5m to £5.5m in the 15-month period ended April 2024 when compared to the previous 15-month period to January 2023. In addition, the Company recorded a loss of £876k in the period to April 2024, a significant increase from a loss of £338k in the period to January 2023.

The trading performance continued to deteriorate and in the ten-month period ended 28 February 2025, the Company incurred a further estimated loss of over £1m.

The founders consequently raised concerns as to the future viability of the business to the Secured Creditor as the representative of the Shareholder.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08918157/filing-history/MzQ4MjE3MzQ0N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08918157

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