HMV Retail NI Stores Limited (05837527): administration
- Status
- Administration ended
- Administration began
- 2016-10-13
- Administrators
- Peter Michael Allen
- Administrators' firm
- Deloitte
- Formerly
- Retail Agents 120 Limited; Retail Agents 110 Ltd; Enchant Limited
- Incorporated
- 2006-06-05
- Location
- Birmingham
- Industry
- 47630 Retail sale of music and video recordings in specialised stores
Why it went into administration
- Sustained trading losses
From the administrators' statement
Following the tnitial year of trading which resulted ina smail loss, there was a further decline in trading performance over the next 18 months, due in part to consumer moves towards the online entertainment market
Steps taken to remedy/turnaround
In May 2016, the Company closed its Ballymena and Newry stores following a review of the financial position of the business
Administrators' statement of proposals (2016-12-21) · Companies House register