S & T Audio Limited (03735541): administration
- Status
- In administration
- Administration began
- 2025-06-11
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Incorporated
- 1999-03-18
- Location
- Manchester
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- Weak consumer demand
- Rising costs / inflation
- Supply chain disruption
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
Following its incorporation on 18 March 1999, the Company traded as a music retailer operating a network of 11 physical stores alongside an e-commerce platform and central fulfilment warehouse and head office. The Company employed 144 members of staff who worked across the stores and in the head office which was based in Liverpool.
The Company’s statutory directors are David Black and lan Clark (together the ‘Directors’). The sole shareholder of the Company is Professional Music Technology Limited.
2.2 Funding and financial position of the Company Funding
Administrators' statement of proposals (2025-06-26) · Companies House register