Dunraven Finance Limited (01252688): administration and why it failed

Dunraven Finance Limited (01252688): administration

Status: Administration ended
Administration began: 2017-08-31
Administrators: Daniel Christopher Hurd, Alan Michael Hudson
Administrators' firm: EY
Formerly: Pontypridd Hi-Fi Limited
Incorporated: 1976-04-01
Location: Birmingham
Industry: 47910 Retail sale via mail order houses or via Internet

Why it went into administration

Regulatory change or action
Property / lease costs
Competition / price pressure

From the administrators' statement

Overview

The Company was founded in April 1976 under the name Pontypridd Hi-Fi Limited and is now part of the Buy As You View group of companies. A summarised Group structure is provided

below: ‘Haylin: Senaces LLP +

Administrators' statement of proposals (2017-11-02) · Companies House register

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Dunraven Finance Limited (01252688): administration

Why it went into administration

From the administrators' statement

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Dunraven Finance Limited (01252688)