Electrical & T.V. Services (Helston) Limited (00771649): administration
- Status
- Administration ended
- Administration began
- 2011-04-27
- Incorporated
- 1963-08-22
- Location
- Exeter
- Industry
- 5245
Why it went into administration
- Shift to online / high-street decline
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1963 during the boom in T V sales to supply high quality domestic applicances to the general public and amalgamated with a number of local electrical retailers
The first store was opened in Market Place, Helston and over some fifty years the Company has expanded and opened further stores throughout Cornwall, predominantly tn high street
locations
Administrators' statement of proposals (2011-07-05) · Companies House register