Kids Funtime Beds Ltd (09049431): administration
- Status
- Administration ended
- Administration began
- 2022-05-27
- Administrators
- Andrew Poxon, Mike Dillon
- Administrators' firm
- Leonard Curtis
- Formerly
- Kids Dream Beds Ltd
- Incorporated
- 2014-05-21
- Location
- Manchester
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- COVID-19
- HMRC / tax arrears
- Regulatory change or action
- Brexit
From the administrators' statement
The Company was incorporated on 21 May 2014 and commenced to trade immediately thereafter.
The principal trading activity of the Company was a manufacturer of children’s beds. The Company's customer base was primarily individual consumers. The Company typically received a deposit upon order with the balance on completion. In addition, the Company offered payment by way of finance agreements which were provided through Novuna Personal Finance. All installations were also completed by the Company.
The turnover and profit/loss position of the Company since 2018 is detailed below:
Administrators' statement of proposals (2022-06-15) · Companies House register