GS Realisations Limited (00788228): administration
- Status
- Administration ended
- Administration began
- 2017-03-23
- Administrators
- Blair Carnegie Nimmo, William James Wright, Stephen John Absolom
- Administrators' firm
- KPMG
- Formerly
- Gordon Scott Limited; Gordon Scott Foot Fitter Limited; Gordon Scott Foot Fitter (Watford) Limited
- Incorporated
- 1964-01-16
- Location
- London
- Industry
- 47721 Retail sale of footwear in specialised stores
Why it went into administration
- Sustained trading losses
- Property / lease costs
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 16 January 1964 and traded several Gordon Scott stores. Over time, store leases and staff have been transferred to Jones. As at the date of our appointment, the Company traded from 2 stores in London and Solihull. The stores primarily
sold own brand and externally branded mens, ladies and childrens footwear as well as accessories.
The Company operated from one head office location in Hinckley, Leicestershire with logistics and warehousing provided through a DHL facility in Hams Hall in North Warwickshire. It had 2 direct employees, with the majority of the staff being contracted by other entities in the Group.
Administrators' statement of proposals (2017-04-19) · Companies House register