# Rapid Hardware Limited (01033125)

> Why UK company 01033125 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01033125

- **Status:** Administration ended
- **Administration began:** 2013-02-05
- **Administrators:** Phillip Francis Duffy, Sarah Helen Bell
- **Administrators' firm:** Kroll
- **Formerly:** Rapid Discount Home-Garden Centres Limited; Rapid Discount Supermarkets Liverpool Limited
- **Incorporated:** 1971-12-01
- **Location:** Manchester
- **Industry:** 47190 Other retail sale in non-specialised stores

## Why it went into administration

- Cash flow / liquidity pressure
- Weak consumer demand
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

Statutory information on the Company and a summary of Its financial history is included at Appendix 1

The Company was incorporated in 1971 and has traded for over 40 years, remaining in family ownership since it was established by Hugh Doherty

The Company !s in a group of three companies, it Is a subsidiary of Holdings, a company that is also the parent company of PropCo

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01033125/filing-history/MzA3NTg1NzQ5MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01033125

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