AWR Realisations Limited (06372196): administration
- Status
- Administration ended
- Administration began
- 2016-04-27
- Formerly
- Appliance Warehouse (UK) Ltd
- Incorporated
- 2007-09-17
- Location
- Manchester
- Industry
- 47540 Retail sale of electrical household appliances in specialised stores
Why it went into administration
- Competition / price pressure
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
- Management failings / irregularities
- Weather / natural events
From the administrators' statement
The Company was tncorporated in September 2007 by founding directors Robert Hannan and Adam Leah However, Robert Hannan has been sole director of the company since August 2014, and operated the company solely under his tenure until the cessation of trade on 13 April 2016
The company previously traded from leasehold premises in Altrincham The premises are subject to a three year lease which will expire on 20 November 2017 The terms of the lease required the company to pay rent of £16,000 per annum exclusive of VAT Administrator's Statement of Proposais
Throughout the previous years of trading, the company had built a reputation as a reliable, competitively priced, online retailer of air conditioning units, dehumidifiers, heaters, and radiators The company was dedicated to offering impartial and expert advice and the overall aim was to ensure that the business generated repeat custom and word of mouth referrals
Administrators' statement of proposals (2016-06-17) · Companies House register