Barclay-Swann Limited (03282801): administration
- Status
- Administration ended
- Administration began
- 2020-03-27
- Administrators' firm
- F A Simms & Partners
- Formerly
- Barclay Swan Limited
- Incorporated
- 1996-11-22
- Location
- Claybrooke Parva
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
Barclay-Swann Ltd was Incorporated in November 1996 by Alistair Ashworth and Michael Tuckley. Its core trading name was Econo-Med which later changed to EconoGroup. Its purpose was the supply of Medica! and Beauty products to the trade. It originally operated from premises in West Street Long Sutton. In 2002 It moved to Trafalgar House, Station Road, Long Sutton. In 2013 it moved to Midsummer House, Peterborough. In that year it also closed down its warehousing facifities and sub-contracted its distribution to DSV a third-party fulfilment company. In 2019 it moved to Pinnacle House, Peterborough.
Michae! Tuckley died in 2011. From 2012 to date the business paid c £300,000 to Gloria Golding, Michael Tuckley's surviving partner, for her shares.
Administrators' statement of proposals (2020-06-01) · Companies House register