Gregory & Seeley (Fleet Street) Limited (02366163): administration
- Status
- Administration ended
- Administration began
- 2012-05-16
- Administrators' firm
- RSM
- Incorporated
- 1989-03-29
- Location
- Brighton
- Industry
- 47749 Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
Why it went into administration
- Rising costs / inflation
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 29 March 1989 and traded as a high street optician under the trading name “Gregory & Seeley” There are two directors (Peter Hall and Felix Gonnter) as well as a single shareholder, Gregory & Seeley Limited, a holding company which owns 100% of the Company's share capital In addition to the Company, there are two other trading companies owned under the “Gregory & Seeley” Group of companies, Gregory & Seeley (Cranleigh) Limited and Gregory & Seeley (Windsor) Limited Both of these trading companies are also now in Administration
The Company traded from leasehold premises in London and employed four staff We are informed that the business has faced increased costs over the last few years and as
such trading conditions in 2010/11 and 2011/12 have been increasingly difficult
Administrators' statement of proposals (2012-06-12) · Companies House register