EX Cellar Limited (03625599): administration
- Status
- Administration ended
- Administration began
- 2013-01-28
- Administrators
- Stephen Hunt
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1998-09-02
- Location
- London
- Industry
- 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
With the economic recession impacting on sales the Company decided to scale down tts operations by closing down three of its stores and relocating one of the stores (Surbiton) to a more cost effective location, within the same borough
The stores that continued trading were located in Surbiton, Claygate, Fulham, Farringdon and Ashtead
The Company started to encounter problems across the five new stores in the latter part of 2011 The on-going development of Crossrail started to affect the Farringdon store, impacting significantly on the stores foot flow, which tn turn affected on the stores trading receipts
Administrators' statement of proposals (2013-04-03) · Companies House register