# Bedworld Factory Shop Limited (11674910)

> Why UK company 11674910 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11674910

- **Status:** Administration ended
- **Administration began:** 2024-07-10
- **Administrators' firm:** Opus Restructuring
- **Incorporated:** 2018-11-13
- **Location:** Milton Keynes
- **Industry:** 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store

## Why it went into administration

- COVID-19
- Creditor pressure / legal action
- Sustained trading losses
- Weak consumer demand
- Funding withdrawn / unable to refinance

## From the administrators' statement

By January 2024, the Company began receiving statutory demands and bailiff letters in respect of outstanding debts.

Ultimately, the director attributes the Company's failure to a combination of pandemic lockdowns, the cost of living crisis which left consumers unable and unwilling to spend, and a lack of governmental support during those challenging times.

Due to the loss making position of several trading sites, the decision was made to close the following locations:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11674910/filing-history/MzQyOTYxNDYzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11674910

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