Scalemore Limited (01421414): administration
- Status
- Administration ended
- Administration began
- 2014-06-04
- Administrators' firm
- FRP Advisory
- Incorporated
- 1979-05-18
- Location
- St Albans
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 18 May 1979 and its principal business activity was the retail and hire of plant equipment and tooling. It traded from two freehold properties located at 46 Bostock Avenue, Northampton NN1 4LN and the rear of 48 Adams Avenue, Billington Street, Northampton, NN1 4LQ The Company also utilised a leasehold premises at Westbridge Depot, Northampton.
The Company traded profitably for many years but in early 2014, turnover fell significantly as result of a downturn in trade experienced by many of tts larger customers. This was compounded by certain suppliers increasing their prices which further eroded the Company's profit margins.
FRP AdMsory LLP is Incorporated In England and Wales under the Limited Labiity Partnerships Act 2000 as c Limrted Liability Parinership. Partnership Number 0C355680 Registered office 10 Fumivol Street tondon EC4A 1AB. A st of members names Is open fo inspechon at this address www frpadvisory com
Administrators' statement of proposals (2014-07-14) · Companies House register