Mike Sanderson Electrics Limited (04181992): administration
- Status
- Administration ended
- Administration began
- 2019-05-01
- Administrators
- Megan Singleton, Mark John Colman
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2001-03-19
- Location
- Fleetwood
- Industry
- 47430 Retail sale of audio and video equipment in specialised stores
Why it went into administration
- Shift to online / high-street decline
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company's registered office was 189/191 Lord Street, Fleetwood, Lancashire, FY7 6SW. The Company's registered number is 04181992.
Michael Sanderson commenced trading in the electrical appliance sector in the 1990's as a sole trader. As the business grew, the decision was taken to incorporate the Company and this was done on 19 March 2001.
The Company currently operated from Freehold premises at 189/191 Lord Street, Fleetwood, Lancashire, FY7 6SW (“the Property”). The Property is owned by the Company and was purchased on 10 April 2006 for a sum of £100,000.
Administrators' statement of proposals (2019-06-14) · Companies House register