Ethical beauty company Westbarn Co Ltd, which grew from a North East kitchen enterprise into a company loved by global fashionistas, has been wound up owing more than £596,000, documents reveal.
Westbarn Co Ltd has been voluntarily wound up by business advisors appointed by founder Kimberley Cattin, who launched the business with her mother seven years ago with its bestselling beauty product, Soap Brows. Ian Kings and Andrew Little of Begbies Traynor were appointed as joint liquidators of Westbarn Co Ltd on March 23, and a statement of affairs shows the firm ceased trading owing trade creditors £450,833 and banks and other institutions £49,789.
It had an estimated £11,500 available for preferential creditors, which included employees owed arrears and holiday pay. Other preferential creditors included HMRC which was owed £33,329. In all, the deficit totalled £596,846.
