Gak.Co.Uk Ltd (04578270): administration
- Status
- In administration
- Administration began
- 2025-04-07
- Administrators
- Philip Lewis Armstrong, Daniel Conway
- Administrators' firm
- FRP Advisory
- Incorporated
- 2002-10-31
- Location
- 110 Cannon Street
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- COVID-19
- Weak consumer demand
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
Business & Operations
GAK.co.uk Limited (‘GAK”), and The Guitar, AMP & Keyboard Centre Limited (“AMP”) are 100% subsidiaries of GAK.co.uk (Holdings) Ltd and were incorporated on 31 October 2002 and 28 December 2005, respectively. In 2021, a management buyout was completed with co-managing directors, Max McKellar and Ian Stephens, with the backing of Risk Capital Partners LLP.
The Group’s principal activity since incorporation was as a musical instrument retailer with a shop located in the centre of Brighton, East Sussex. In 2002, GAK launched their own website increasing their visibility within the musical instrument industry in order to increase revenue.
Administrators' statement of proposals (2025-04-25) · Companies House register