Flowercard International Limited (SC561710): administration
- Status
- Administration ended
- Administration began
- 2022-01-26
- Administrators
- Michelle Marie Elliot, Callum Angus Carmichael
- Administrators' firm
- FRP Advisory
- Formerly
- Silversprings Limited
- Incorporated
- 2017-03-28
- Location
- Edinburgh
- Industry
- 73120 Media representation services
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 28 March 2017 and is a retailer of 3D greeting cards with fresh flowers inside the card to mark milestone occasions such as birthdays and seasonal holidays. It traded from premises at 40 Charlotte Square ist Floor, Edinburgh, United Kingdom, EH2 4HQ.
Flowercard began in 2000 as a ‘passion-project’ in a local florist in Guernsey. The business expanded rapidly and scon outgrew its order fulfilment capabilities. It was acquired by All Things Floral Ltd (ATF), a local florist in Guernsey, Flowercard Ltd (“FC”). ATF expanded the business into the catalogue order market and eCommerce. ATF itself was acquired by the Company in March 2020 and trade continued through ATF for the remainder of 2020. The Flowercard business was then transferred to the Company in January 2021.
Stephen Gorman (“SG”) is Flowercard International Ltd’s ( FCI’) sole director. He was originally employed as a consultant by Flowercard, Guernsey from 2016 up until March 2020.
Administrators' statement of proposals (2022-02-28) · Companies House register