Mamas And Papas
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Mamas And Papas
Mamas & Papas is a United Kingdom, UK-based Nursery (room), nursery brand and manufacturer supplying Baby transport, prams, pushchairs, baby products, furniture and maternity wear. It was established in Huddersfield in 1981 by David and Luisa Scacchetti, both of Italian ancestry, whose initial aim was to bring Italian design to the UK baby buggy market. They started the business with a range of coloured corduroy prams imported from Italy. They sold through one local shop of their own and through supplying other stores, until deciding to become a retail brand in 1998. For most of its existence, the business was privately owned. By 2011, Mamas & Papas was described as the "UK's bestselling nursery brand". In 2014, the business embarked on cost-cutting associated with a Trading while insolvent#Company voluntary arrangement, Company Voluntary Arrangement (CVA). Store closures were considered but were avoided by the CVA. The private equity firm BlueGem Capital Partners took a majo ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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