# Music Exchange(Manchester)Limited(The) (00864717)

> Why UK company 00864717 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00864717

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00864717/filing-history/MzUyMzcxMDc1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00864717

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.