Music Exchange(Manchester)Limited(The) (00864717): administration
- Status
- In administration
- Administration began
- 2026-04-01
- Administrators
- Jeremy Nigel Ian Woodside, Tracey Lee Pye
- Administrators' firm
- Quantuma
- Incorporated
- 1965-11-23
- Location
- Manchester
- Industry
- 58110 Book publishing
Why it went into administration
- Property / lease costs
- Weak consumer demand
- Rising costs / inflation
- HMRC / tax arrears
- Shift to online / high-street decline
- Supply chain disruption
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
3.1
In recent years, the Company faced sustained financial and operational pressures arising from both sector-specific and wider macroeconomic challenges. The directors sought to mitigate these issues through a range of cost-saving and restructuring
3.2
Administrators' statement of proposals (2026-06-04) · Companies House register