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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

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

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HMV Retail NI Stores Limited (05837527)

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