Wednesday, 30 January 2013

Former tc bathrooms chair at distributor Cubico

Former chair of collapsed firm tc bathrooms, Craig Waddington is director of a newly-formed bathroom distribution company Cubico (UK) Limited.

According to company and director search website www.duedil.com, he is non-secretarial director.

The company is backed by Seneca Capital, which has three members on the board of Cubico; Patrick Bywater, Melanie Hird, Andrew Walls, along with Craig Waddington.

According to Companies House, Cubico was incorporated on May 17, 2012. However, Andrew Walls of Seneca Capital said: "The business was incorporated as a Sheffield-based firm with Companies House on May 17 2012, under the name of HLWKH 521 Limited."

Duedil.com states the company has been “open since October 24, 2012”.
However, Walls stated: "On 25th October we approached a law firm called HLW Keeble Hawson and instructed them to act for Seneca investments to set up a new company with a view to setting up a new trading business, Cubico.
"On the same day, HLW Keeble Hawson changed the name of the company they had already incorporated to Cubico UK Limited.
"On the 29th October 2012, Craig Waddington was appointed as a director of Cubico UK Ltd and the following day we completed our investment."
The company set-up and appointment of Craig Waddington happened after - but within the same month - tc bathrooms ceased to trade.
Craig Waddington is joined by former tc bathrooms colleagues which form the management team. They are Andrew Hopkinson, an ex-director of tc bathrooms and Scott Tattersley, also from tc bathrooms, who is now sales director of Cubico.


The company boasts a warehouse in Leeds which, Cubico reports, is holding stock including bathroom furniture, taps, shower cubicles, valves and sanitaryware for nationwide delivery. And according to a Cubico staff member, the company is already trading.


Read more on this story in the March issue of Kitchens & Bathrooms News.

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