# LEE Longland & Co. Limited (00898944)

> Why UK company 00898944 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00898944

- **Status:** Administration ended
- **Administration began:** 2020-06-19
- **Administrators:** Allan Watson Graham, Matthew Ingram
- **Administrators' firm:** Kroll
- **Formerly:** Tior Shops Limited
- **Incorporated:** 1967-02-23
- **Location:** Birmingham
- **Industry:** 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Regulatory change or action

## From the administrators' statement

The Company has historically traded profitably with reported profits of £279,577, £348,672 and £356,562 for the financial years ended 31 May 2019, 31 May 2018 and 31 May 2017 respectively.

_” Between the Company's six stores, turnover for the financial year ending 31 May 2019 was c.£16m and

was expected to exceed that level of turnover for the financial year ending 31. May 2020.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00898944/filing-history/MzI3NTk4MjQyOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00898944

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