Textiles Direct (Holdings) Limited (02438944): administration
- Status
- Administration ended
- Administration began
- 2013-04-03
- Administrators
- Kevin Lucas
- Administrators' firm
- JPS Chartered Surveyors
- Formerly
- Statpar Limited
- Incorporated
- 1989-11-02
- Location
- Altrincham
- Industry
- 47510 Retail sale of textiles in specialised stores
Why it went into administration
- Sustained trading losses
- Competition / price pressure
- Creditor pressure / legal action
- Property / lease costs
- Weather / natural events
From the administrators' statement
The Company was incorporated on 2 November 1989 as a retailer of soft home furnishings and has been trading retail operattons for the lat 24 years
It began trading from a single site retail operation in Liverpool to a multi-site national retailer with in excess of 75 stores at its peak
In June 2000, the Company's board decided to begin trading on the internet and set up the website www textilesdirect co uk through a connected vehicle — TD Textiles Limited
Administrators' statement of proposals (2013-06-10) · Companies House register