Guild Realisations Limited (02025406): administration
- Status
- Administration ended
- Administration began
- 2013-02-13
- Administrators' firm
- EY
- Formerly
- Republic (Retail) Limited; Best Company (U.K.) Limited; Dawnstretch Limited
- Incorporated
- 1986-06-05
- Location
- Leeds
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Over-expansion / investment not recovered
From the administrators' statement
Administrators
As the table above highlights, Republic experienced rapid growth, particularly tn the FYO9 and FY10, with profit before interest and tax peaking at £29 4m in the year ending 31 January 2010.
The Companies were acquired by TPG during 2010 and a number of operational and senior
Administrators' statement of proposals (2013-04-18) · Companies House register