Wonder Group Bidco Limited (12903567): administration
- Status
- In administration
- Administration began
- 2024-07-15
- Administrators
- James Richard Clark, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Summerhouse Bidco Limited; Hamsard 3589 Limited
- Incorporated
- 2020-09-24
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Parent or group failure
From the administrators' statement
The Company (WGB) was incorporated on 24 September 2020 and provided IT infrastructure and central services to the Group.
The Company operated from an office premises in Milton Keynes that was leased to AUK. At the date of our appointment, WGB had four directors, Jon Duffy, Laura Evison, Gary Panons and James Woolley (the ‘Directors’), and it employed 16 members of staff from the senior management team.
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2024-07-31) · Companies House register