# Electruepart Limited (03392634)

> Why UK company 03392634 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03392634

- **Status:** Administration ended
- **Administration began:** 2023-03-20
- **Administrators:** Mark Granville Firmin, Michael Thomas Denny
- **Administrators' firm:** Alvarez & Marsal
- **Incorporated:** 1997-06-26
- **Location:** Brighton
- **Industry:** 46900 Non-specialised wholesale trade

## Why it went into administration

- Cash flow / liquidity pressure
- COVID-19
- Parent or group failure
- Supply chain disruption
- Brexit
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Property / lease costs

## From the administrators' statement

The Group was founded in 1969 and provided electrical goods, spares, consumables and warranty/insurance repair services to customers across the UK and Europe. The Group operated several key brands, including eSpares, BuySpares and 4OurHouse, in addition to developing and managing websites, orders and repairs for original equipment manufacturers and other large retailers.

Connect and eSpares were the primary UK trading entities and operated as a retailer and wholesaler to both business to business (“B2B”) and business to consumer (“B2C”) customers.

The Company itself was incorporated on 26 June 1997. The principal activity of the Company is that of a holding company which did not trade.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03392634/filing-history/MzM3NDE0MTEzMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03392634

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