Boardwalk Surf Limited (03493443): administration
- Status
- Administration ended
- Administration began
- 2014-10-22
- Administrators
- Simon Edward Jex Girling, Danny Dartnaill
- Administrators' firm
- BDO
- Formerly
- Flintglade Limited
- Incorporated
- 1998-01-15
- Location
- Bristol
- Industry
- 47640 Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company traded as a retailer of surfing equipment under the name ‘Boardwalk Surf’ from freehold premises at 15-17 Cliff Road, Newquay, Cornwall.
The Company had suffered losses from stores 1t previously operated at 11 and 13 Chff Road, Newquay The Company also received no return from financial support it provided to a connected company, Boardwalk South Ltd, tn respect of a retail store located in Truro, which was unsuccessful As a result of Boardwalk South Ltd being placed into liquidation on 25 July 2013, the Company wrote off a debt of c£36,000.
Throughout 2014, the Company had been in discussions with a leading high street retailer regarding a potential leasehold occupancy of the Company’s freehold property at 15-17 Cliff Road, Newquay. Unfortunately, despite lengthy discussions, no deal was agreed between the parties
Administrators' statement of proposals (2014-12-24) · Companies House register