# Norwich Footwear Limited (12546138)

> Why UK company 12546138 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12546138

- **Status:** Administration ended
- **Administration began:** 2024-07-05
- **Administrators:** Andrew Knowles, Andrew Poxon
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2020-04-03
- **Location:** Manchester
- **Industry:** 46160 Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

## Why it went into administration

- COVID-19
- HMRC / tax arrears
- Supply chain disruption
- Pension deficit

## From the administrators' statement

The Company was incorporated 3 April 2020 and commenced to trade shortly thereafter. Its principal activity was a supplier of branded footwear via online and concession stands.

The Company was funded by way of shareholder loans from Pavers Holdings Limited (“Pavers”), who hold security by way of a Debenture created on 31 March 2022. The sum due to Pavers as at 3 July 2024 was £1.1m, including interest

The Company had previously traded profitably with a turnover of c£3.6m recorded in the year ended 31 January 2022 with a net profit of cCE58k recorded. In the following year to 31 January 2023, turnover increased to c£3.75m and a further increase in net profit was recorded at c£201k. In the year ended 31 January 2024, turnover decreased to c£3.4m and a loss of c£E208k was recorded.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12546138/filing-history/MzQyOTQzNzc4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12546138

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