Loughton Photographic Limited (01188231): administration
- Status
- Administration ended
- Administration began
- 2012-01-19
- Administrators' firm
- FRP Advisory
- Incorporated
- 1974-10-23
- Location
- Worthing
- Industry
- 5245
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The directors of the Company first sought advice from FRP Advisory LLP on its worsening financial position on 23 November 2011, following an initial introduction from Andrew George of Breeze Associates, the Company’s accountant.
The Company was incorporated in October 1974 and traded as a ‘Sony Centre’ retailing Sony equipment as well as ancillary products from third party suppliers to compliment sales.
The Company’s head office was located in Loughton, Essex and was also a trading store Including Loughton, the Company traded from twelve leasehold locations across South East England Two of the leasehold properties were owned by Loughton Photographic Holdings Limited, the holding Company
Administrators' statement of proposals (2012-03-26) · Companies House register