Mothercare UK Limited (00533087): administration
- Status
- Administration ended
- Administration began
- 2019-11-05
- Administrators' firm
- PwC
- Formerly
- M. Kaplan & Company Limited
- Incorporated
- 1954-05-08
- Location
- Leeds
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Regulatory change or action
From the administrators' statement
The Mothercare Group is an international retailer of prams, pushchairs, maternity and baby clothing and other items. In the UK, products are sold through the Group’s own multi-channel retail operations (79 UK stores and online) and via a smaller wholesale operation. Internationally, the Group’s products are sold through its franchise partners’ retail stores, online and via a wholesale business for territories where there are not currently franchise partners.
The main trading company in the Group is MUKL. Its accounts show the following financial performance:
MBSL is a provider of general head office services to MUKL, including support to IT systems and HR. It was wholly dependent on MUKL.
Administrators' statement of proposals (2020-01-03) · Companies House register