# The Hand Made Mattress Company Limited (09552608)

> Why UK company 09552608 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09552608

- **Status:** Administration ended
- **Administration began:** 2023-07-14
- **Administrators:** Kelly Burton
- **Administrators' firm:** Wilson Field
- **Formerly:** Abacus Baby Limited
- **Incorporated:** 2015-04-21
- **Location:** Sheffield
- **Industry:** 47990 Other retail sale not in stores, stalls or markets

## Why it went into administration

- Weak consumer demand
- Property / lease costs

## From the administrators' statement

The Company traded as a mattress manufacturer for over 7 years. The Company commenced trading under the name ‘Abacus Baby Ltd’ and started by importing cots and manufacturing mattresses.

Initially the Company focused solely on infant / cot mattresses and selling directly to end consumers. Revenue grew strongly to £1m in 2015 and to £2m in 2020 before increasing further to £4m by mid 2021 as the business diversified into making branded mattresses for corporate customers, and into manufacturing adult sized mattresses. The Company relocated in 2017 to larger premises to support its continued growth, and at its peak, the Company was manufacturing up to 100,000 mattresses per week.

Unfortunately, towards the end of 2022, the Company lost two large customers meaning that sales forecasts were dramatically reduced to the 2015 level of £1m. The Company was also left with a large amount of branded stock, which it had invested in to win the contracts, but which was now worthless.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09552608/filing-history/MzM4OTQ4Mjc3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09552608

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