# HMV Retail NI Stores Limited (05837527)

> Why UK company 05837527 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05837527

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05837527/filing-history/MzE2NDk2MTM5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05837527

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