Wilkie's Food Stores Limited (03557975): administration
- Status
- Administration ended
- Administration began
- 2012-10-12
- Administrators
- Stephen James Hobson
- Administrators' firm
- PKF
- Incorporated
- 1998-05-05
- Location
- Exeter
- Industry
- 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
The company operated from five premises in Devon area (addresses are set out above at 12) The Company ran convenience stores from these premises
I first met a director of the Company on 21 September 2012 At that tme, after the business had been on the market for over a year, Wilkies were in advanced discussions with Xiota Retail Limited (a company who provide similar services in the South West) with a view to their purchasing the business as a going concern The sale had been expected to complete any day but unexpectedly Xiota said that the funding they anticipated from the bank had not been forthcoming so they would have to fund the purchase through their pension fund which could take a few months to organise
At the same time there was an adjourned court hearing scheduled for 8 October 2012 where It was very likely that EDF Energy would be granted an order to cut off the power at the Beacon Lane store which Is also the Company's head office
Administrators' statement of proposals (2012-12-12) · Companies House register