Inman & Co. (Electrical) Limited (03902678): administration
- Status
- Administration ended
- Administration began
- 2012-04-05
- Administrators' firm
- KPMG
- Formerly
- Festeasy Limited
- Incorporated
- 2000-01-05
- Location
- Leeds
- Industry
- 46439 Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Inman & Co. (Electrical) Limited was incorporated on 5 January 2000 under the name Festeasy Limited. Prior to this the business operated through a different legal entity known as Inman & Co (Electrical) Limited.
Inman & Co (Electrical) Limited was established in 1964, originally serving the Sheffield
area before expanding to first cover the North of England and then nationwide via warehouses in Sheffield, Bristol and London.
Administrators' statement of proposals (2012-05-28) · Companies House register