Aquadart Bathrooms Limited (13908044): administration
- Status
- Administration ended
- Administration began
- 2024-02-14
- Administrators
- Anthony Collier, Martyn Rickels
- Administrators' firm
- FRP Advisory
- Formerly
- HLD Number 20 Limited
- Incorporated
- 2022-02-10
- Location
- Manchester
- Industry
- 64202 Activities of production holding companies
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Credit insurance / supplier credit withdrawn
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Rising costs / inflation
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
The Company was a bathroom design and manufacturer, with a range of reputable owned brands with key customers including large bathroom retailers and distributors nationally. The product base included shower trays and enclosures, sinks, baths and furniture.
The Company operated from two leasehold premises in Keighley, Yorkshire. The North Dean Road premises housed the tray manufacturing operation, alongside a warehouse and offices, whereas the Riverside premises was utilised as a warehouse holding stock and some office space.
The Company was incorporated on 10 February 2022, formed to purchase the business and assets of Cavalier out of Administration by the Company. Cavalier was originally established over 30 years ago.
Administrators' statement of proposals (2024-04-18) · Companies House register