D B Shops Limited (04836849): administration
- Status
- Administration ended
- Administration began
- 2011-06-23
- Administrators
- Gordon Craig
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2003-07-18
- Location
- Skelmersdale
- Industry
- 5242
Why it went into administration
- Weak consumer demand
- Cash flow / liquidity pressure
- Property / lease costs
- Competition / price pressure
From the administrators' statement
Important Note_ The information contained in this section has been provided by the Director of the Company and no venfication work has been undertaken by the Administrators
The Company was incorporated on 18 July 2003 and commenced trading within the women's clothing retail sector Pnor to the incorporation of the Company Mr Alan Tattersall, who had gained 33 years experience within the industry, of which he had traded for 25 years in a sole trader capacity As the business began to expand, under the advice of the his accountant Mr Tattersall changed the status of the business to a limited Company Mr Tattersall financed the set up of the Company although as the business had been long established these costs were minimal
The Company initially traded from three premises which were all leased in Mr Tattersall’s personal name The shops were situated at 27 The Market Place, Bolton, BL1 2AL and 15 Friargate, Preston, PR1 2AU and Unit 12, Union Arcade, Bury, BL9 OQF
Administrators' statement of proposals (2011-07-25) · Companies House register