Sherwood Agencies Limited (01168790): administration
- Status
- Administration ended
- Administration began
- 2014-06-30
- Incorporated
- 1974-05-02
- Location
- London
- Industry
- 46439 Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
Why it went into administration
- Sustained trading losses
From the administrators' statement
The business commenced trading 1n the early 1970’s at which time Bhupatrai Mehta (Rupert) was the only employee Rupert bought watches from suppliers in the Far-East and sold them locally mn and around Manchester
In 1974 the Company was incorporated under the name Sherwood Agencies Ltd and Mr Mehta’s business was taken over by the Company
In the late 1970’s the director started to expand his business offering at which time he purchased 2 warehouses in order to accommodate the levels of stock the Company was starting to carry At the same time the Company moved to specialising m electronics such as radios, cassette players and stereos
Administrators' statement of proposals (2014-08-29) · Companies House register