Collectables Retail Limited (06450629): administration
- Status
- Administration ended
- Administration began
- 2013-09-25
- Administrators
- James Ronald Lumb, Howard Smith
- Administrators' firm
- KPMG
- Incorporated
- 2007-12-11
- Location
- Newcastle upon Tyne
- Industry
- 47190 Other retail sale in non-specialised stores
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Collectables Retail Limited was incorporated on 11 December 2007 and acquired certain of the business assets of Collectables Glass and China Limited on 31 March 2008, through a solvent restructuring of that company The business has traded under the collectables brand since 1986 The Company was a retailer of homeware, giftware, jewellery, furniture and clothing, and also operated a number of in-store restaurants and coffee shops The Company was based in Blaydon, Tyne & Wear, and at the date of appointment traded from thirteen locations across the North of England
The Company is one of three entities now in administration and linked by common shareholders and common banking secunty, being; Collectables Retail Limited, Collectables Property Limited and Xystos Wholesale Limited
Financial information
Administrators' statement of proposals (2013-11-21) · Companies House register