# T J Hughes (Holdings) Company Limited (04984399)

> Why UK company 04984399 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04984399

- **Status:** Administration ended
- **Administration began:** 2011-06-30
- **Administrators:** Simon Allport, Thomas Andrew Jack
- **Administrators' firm:** EY
- **Formerly:** Beringer Limited
- **Incorporated:** 2003-12-03
- **Location:** Manchester
- **Industry:** 7415

## Why it went into administration

- Credit insurance / supplier credit withdrawn
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Parent or group failure
- Sustained trading losses
- Property / lease costs

## From the administrators' statement

At the time of the appointments, the Group was regarded as one of the largest department stores in the UK, trading from 56 stores nationally with c. 3,500 employees in total. it traded as a discount retailer selling products with prices up to 70% below RRP

The Group's head office and management functions were operated from leasehold premises at Hughes House, Liverpool, where 129 head office staff were located. The Group also had operations at two warehouses in the Liverpool area that held minimal stock

The original business was founded in 1912, on London Road tn Liverpool The company floated on the London Stock Exchange in 1992, and was taken private In 2000 by JJB Limited before being acquired by PPM Capital in 2003 The Group refinanced with Burdale via a £20m stock and loan facility in early March 2011 and was subsequently acquired by Endless LLP, a turnaround investor. The Group has had several senior management changes tn the past nine months to support an attempted turnaround

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04984399/filing-history/MzA0MjQ0MDMxOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04984399

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.