John Gillman & Sons (Electrical) Limited (01670406): administration
- Status
- In administration
- Administration began
- 2025-08-26
- Administrators
- Michael John Magnay, Michael Thomas Denny
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 1982-10-07
- Location
- Brighton
- Industry
- 47540 Retail sale of electrical household appliances in specialised stores
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 7 October 1982 and commenced trading shortly thereafter as a wholesale distributor of electrical appliances. It operated as the sole trading entity in a group, which comprises the Company, its immediate parent Araka Investco 5 Limited, and its ultimate parent Araka Holdco 5 Limited (the “Group’).
The Company primarily traded from a leasehold distribution centre in Tewkesbury, Gloucestershire. It is the owner of the Ice King brand, supplying various ranges of refrigeration units and other electrical appliances to customers. As at the date of administration, the Company employed 77 staff, of whom 41 were made redundant shortly after our appointment.
3.2 Funding and financial position of the Company The Company was funded by the following facilities:
Administrators' statement of proposals (2025-10-21) · Companies House register