# Ralph & Russo Limited (05757574)

> Why UK company 05757574 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05757574

- **Status:** In administration
- **Administration began:** 2021-03-17
- **Administrators:** Paul Robert Appleton, Andrew Andronikou
- **Administrators' firm:** Quantuma
- **Incorporated:** 2006-03-27
- **Location:** London
- **Industry:** 14132 Manufacture of other women's outerwear

## Why it went into administration

- COVID-19
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Weak consumer demand
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

APPOINTMENT

The business has encountered liquidity issues. for some time and -has.been heavily impacted over the last year by a number of issues, including the following:

the onset of the Covid-79 pandemic leading to intermittent closures of the boutiques during lockdown and the.general malaise in spending power on high end luxury goods.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05757574/filing-history/MzMwMTQ5NTE0MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05757574

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