# Oddbins Properties Limited (05767051)

> Why UK company 05767051 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05767051

- **Status:** Administration ended
- **Administration began:** 2011-04-04
- **Administrators:** Matthew David Smith, Lee Antony Manning
- **Administrators' firm:** Deloitte
- **Formerly:** Wine Cellar (UK) Limited
- **Incorporated:** 2006-04-03
- **Location:** London
- **Industry:** 5225

## Why it went into administration

- Property / lease costs
- Competition / price pressure
- Weather / natural events

## From the administrators' statement

Oddbins’ principal business activity was the retatl and wholesale of wines, spirits, beers and related products Immediately prior to entering administration the company had 89 trading outlets across the United Kingdom and the Republic of Ireland, having closed some 40 stores in the previous month as part of a restructure to support a CVA proposal

In 2006, Oddbins Properties was incorporated as a 100% subsidiary of Oddbins to hold a combination of freehold and leasehold properties for sublet to Oddbins As of the date of appointment, Oddbins Properties held a total of 4 leasehold properties

Since August 2008, the Companies have been owned (or ultimately owned) by Ex Cellar Investments, a company owned and managed by the Companies’ Directors

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05767051/filing-history/MzAzNzgyMTQ5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05767051

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