# Textiles Direct (Holdings) Limited (02438944)

> Why UK company 02438944 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02438944

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02438944/filing-history/MzA3OTUxODU1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02438944

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