# R. and M. Swaine Limited (02262813)

> Why UK company 02262813 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02262813

- **Status:** Administration ended
- **Administration began:** 2012-03-29
- **Administrators' firm:** EY
- **Incorporated:** 1988-05-27
- **Location:** Leeds
- **Industry:** 5225

## Why it went into administration

- HMRC / tax arrears
- Competition / price pressure
- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The Company operated a retail and wholesale off-licence business tn the North of England and comprised two divisions

• Retail - operating 70 owned and leased off-licences (trading as “Rhythm and Booze” and “Big in Booze”) based in the North of England The Company's strategy focused on setling beers, wines and spirits at competitive prices with a promotional and multi-buy differentiator and a wider than normal range

• Wholesale - supplying beers, wines and spirits to c 15 customers which included domestic supermarkets, exporters and other wholesalers

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02262813/filing-history/MzA1Nzc4NzYyMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02262813

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.