S'Coolwear For Less Limited (03413298): administration
- Status
- Administration ended
- Administration began
- 2011-06-09
- Administrators
- Paul John Clark, Andrew Gordon Stoneman
- Administrators' firm
- Kroll
- Formerly
- London Security Services Limited
- Incorporated
- 1997-08-01
- Location
- London
- Industry
- 5242
Why it went into administration
- Cash flow / liquidity pressure
- Rising costs / inflation
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 1 August 1997 Statutory information on the Company and a summary of tts financial position is included at Appendx 1
The Company operated as a retailer of school uniforms to a client base of circa 2,400 primary schools across England, via a network of franchised sales representatives The Company purchased unbranded school clothing and equipment which were subsequently embroidered or screen-printed with school logos/names prior to delivery
The Company also generated a smaller number of sales directly to parents via tts website, www.schoolwearforless.com
Administrators' statement of proposals (2011-07-26) · Companies House register