More details have been revealed about the status of Red Sky Shepherd’s Huts Limited after the company had liquidators appointed on September 15.
Based at Bridewell Farm in North Leigh, liquidators from Opus Restructuring LLP were appointed with a further meeting involving the company’s creditors scheduled for September 28.
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In the meantime, a ‘statement of affairs’ has been published which reveals the state of the company’s finances, with creditors reported at £631,404.04.
Red Sky Shepherd’s Huts Limited built a hut for former Prime Minister David Cameron (Image: Contributed)
Among those owed the most are several connected loan creditors and Barclays Bank which is owed £48,050.28 for an overdraft.
Swinbrook & Wilcote estates, a landlord, said it is owed £9,608.48, HM Revenue & Customs reported debts of £80,183.84 and RTN Welding, based in Lincolnshire, said it is owed £26,454.40.
Several loan creditors were listed including Funding Circle and Lending Crowd which claimed £31,026.93 and £91,788.50 respectively.
Red Sky Shepherd’s Huts Limited built a hut for former Prime Minister David Cameron (Image: Contributed)
Among the others, Conde Nast Publications Ltd claimed it is owed £9,000 while Heron Web, a trade creditor, listed debts of £15,390.00.
Red Sky is a family business, set up by Paul Bennett, based on the edge of the Cotswolds which creates a range of huts.
Its customers have come from across the UK and most notably include former prime minister and Witney MP David Cameron.
Red Sky Shepherd’s Huts Limited built a hut for former Prime Minister David Cameron (Image: Contributed)
Following his 2016 resignation as the prime minister, leader of the Conservative party and as a member of parliament, he purchased one of the huts to write his memoirs in.
It made headlines across the country.
Now Baron Cameron of Chipping Norton, he spent £25,000 on the hut in 2017 in which he penned ‘For the Record’ which was published in 2019.
Red Sky Shepherd’s Huts Limited built a hut for former Prime Minister David Cameron (Image: Contributed)
According to the Red Sky website, Mr Cameron said: “I basically Googled shepherd huts, found Paul’s company and I liked the look of the website.
“They were also local, which was very good.”
The hut was designed in a classic shepherd hut shape with an arched roof, metal wheels and painted hardwood stable doors.
David Cameron’s memoir ‘For the Record’ (Image: Contributed)
It was a timber frame construction with tongue and groove interior pine walls.
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Referring to his wife, Mr Cameron added: “Samantha makes all the design decisions in this family. As ever she has made a very good choice.”
When asked about the increasing popularity of shepherd huts, which is in part because they don’t require planning permission, he said his was “particularly lovely”.
He said: “Yes – they are sprouting up everywhere – but I think this one is particularly lovely. It’s a very nice colour, which goes with the Cotswold stone and we really love it.”
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