Equestrian Clearance Warehouse Limited (04826194): administration
- Status
- Administration ended
- Administration began
- 2017-06-02
- Administrators
- Howard Smith, Jonathan Charles Marston
- Administrators' firm
- KPMG
- Incorporated
- 2003-07-09
- Location
- Leeds
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 9 July 2003 and was one of the Uk’s largest online equestrian retailers. The Company traded predominantly via the website Equestrian.com and operated from a leasehold warehouse and office facility near Halifax, West Yorkshire.
The Company had twelve employees as at the date of our appointment; all of which have subsequently been made redundant. Six employees were retained for a short period of time following the Joint Administrators appointment in order to assist with an orderly wind down of the Company's operations.
2.2 Funding and financial position of the Company Funding
Administrators' statement of proposals (2017-08-09) · Companies House register