# Escapaders Limited (02622635)

> Why UK company 02622635 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02622635

- **Status:** Administration ended
- **Administration began:** 2019-11-05
- **Administrators' firm:** Insolve Plus
- **Incorporated:** 1991-06-20
- **Location:** London
- **Industry:** 47910 Retail sale via mail order houses or via Internet

## Why it went into administration

- Funding withdrawn / unable to refinance
- Property / lease costs
- Sustained trading losses
- Parent or group failure
- Competition / price pressure

## From the administrators' statement

Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Director of the Company and not from our personal knowledge as Joint Administrators.

The Company was incorporated in 1991.

The business operated from a leasehold shop at 45-46 Chalk Farm Road, Chalk Farm, London NWI 8A), a leasehold office at 2a Ferdinand Place, London NWI 8EE paying rent of £95,000 and £14,000 per annum respectively and the leases are due to expire in July 2023. In addition the Company owned and operated a freehold warehouse located at Unit 30 Corringham Road Industrial Estate, Corringham Road, Gainsborough, Lincolnshire DN21 1QB.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02622635/filing-history/MzI1MzA2MDM5OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02622635

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