Conways Toymaster Limited (06415930): administration
- Status
- Administration ended
- Administration began
- 2014-01-31
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2007-11-02
- Location
- London
- Industry
- 47190 Other retail sale in non-specialised stores
Why it went into administration
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Weather / natural events
From the administrators' statement
Important Note The information contained in this section has been provided by the Director of the Company
In 1972, pnor to the incorporation of the Company, Mr George Walker operated the business in a sole trader capacity and operated from premises based in Cavendish Street, Keighley, West Yorkshire as an Arts and Craft store Mr George Walker later formed a business partnership with his wife, Mrs Brenda Walker and developed the business to include the selling of toys The business continued to trade fram the Keightly store and enjoyed great success becoming the largest toy store in Britain, aside from Hamleys
The business became part of the Toymaster group, which had been established in 1977 as a National association of locally owned specialist toy stores It was formed as a mutuality, a nonprofit making organisation which was wholly owned by its members Joining Toymaster allowed the business greater access to suppliers with more favourably terms being negotiated
Administrators' statement of proposals (2014-02-11) · Companies House register