Chemical (UK) Limited (05310188): administration
- Status
- Administration ended
- Administration began
- 2013-08-16
- Administrators' firm
- RSM
- Incorporated
- 2004-12-10
- Location
- Eastleigh
- Industry
- 47630 Retail sale of music and video recordings in specialised stores
Why it went into administration
- Competition / price pressure
From the administrators' statement
The business was formed in 1997 as a partnership between Gordon Adam and Mark Walton trading from a small shop in Cheltenham Chns Ramsey Joined as a partner in 2000 and subsequently in 2004 the business was incorporated into a limited company Following its incorporation, the business expanded and moved to larger premises in Bristol This facilitated the significant growth in the online sales part of the business which now accounts for 90% of turnover
Chemical (UK) Limited (“Chemical”) traded as Chemical Records and styled itself as a music lifestyle store, selling clothing, music, DJ equipment, skateboards and other gadgets Chemical was based in Bristol, where it had a small shop at its head office(warehouse centre
The directors are Gordon Adam, Christopher Ramsey and Mark Walton The directors are equal shareholders in the business holding 1 share each
Administrators' statement of proposals (2013-09-30) · Companies House register