Wall Luxury Essentials Ltd. (03378550): administration
- Status
- Administration ended
- Administration began
- 2017-04-25
- Administrators
- Gary Paul Shankland, Kirstie Jane Provan
- Administrators' firm
- Begbies Traynor
- Formerly
- H. Balcazar Ltd
- Incorporated
- 1997-05-30
- Location
- London
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1997 and traded as a catalogue and online clothing business, latterly from premises in West London.
The Company operated in the Women's luxury clothing sector under the trademarked brand WALL LONDON, and sourced high quality garments from diverse locations such as Peru and the Far East. The Company also used local manufacturers.
Sales were split broadly between internet and telephone sales. Catalogues were sent to a large database of customers. The Company's revenue was highly seasonal and generally promotion-driven.
Administrators' statement of proposals (2017-06-16) · Companies House register