Three Rooms Bespoke Joinery Ltd (09159259): administration and why it failed

Three Rooms Bespoke Joinery Ltd (09159259): administration

Status: Administration ended
Administration began: 2022-06-30
Administrators: Paul Mallatratt, Louise Williams
Administrators' firm: Opus Restructuring
Incorporated: 2014-08-04
Location: Milton Keynes
Industry: 31010 Manufacture of office and shop furniture

Why it went into administration

Creditor pressure / legal action
Cash flow / liquidity pressure
Bad debts / customer insolvency

From the administrators' statement

3.1 Asa result of the insolvency of one of the Company’s most significant debtors, the Company's cash-flow revealed that there would be insufficient working capital

3.2

3.3

Administrators' statement of proposals (2022-10-26) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Three Rooms Bespoke Joinery Ltd (09159259): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

Three Rooms Bespoke Joinery Ltd (09159259)