Department Stores Realisations (Properties) Limited (00344823): administration
- Status
- Administration ended
- Administration began
- 2020-04-09
- Administrators
- Geoffrey Paul Rowley, Alastair Massey
- Administrators' firm
- FRP Advisory
- Formerly
- Debenhams Properties Limited; Freebody Properties Limited; Debenhams (Properties) Limited
- Incorporated
- 1938-09-30
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Debenhams is a well-known UK department store chain with a history dating back to 1778. DRL was incorporated on 28 January 1905 and DPL was incorporated on 30 September 1938. Debenhams registered office, and flagship store, is 334 - 348 Oxford Street, London W1C 1JG.
DRL is the main trading company within Debenhams group of companies (“Group”) , with the principal activity being the sale of fashion clothing and accessories, beauty and homeware. Upon appointment DRL operated from 142 leasehold stores in the UK as well as online through the Debenhams website.
In addition, Debenhams also had subsidiaries with trading operations in the Republic of Ireland and Hong Kong. It also owns a subsidiary in Denmark that trades as Magasin du Nord (‘Magasin’).
Administrators' statement of proposals (2020-07-02) · Companies House register