ALL Retail Limited (06534618): administration
- Status
- Administration ended
- Administration began
- 2022-09-06
- Administrators
- Christopher Brindle, Richard Ian Williamson
- Administrators' firm
- DMC Recovery
- Incorporated
- 2008-03-14
- Location
- Blackpool
- Industry
- 47190 Other retail sale in non-specialised stores
Why it went into administration
- COVID-19
- Property / lease costs
- Sustained trading losses
- Weak consumer demand
- Rising costs / inflation
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Brexit
- Competition / price pressure
From the administrators' statement
The Company commenced trading in 2008 operating as a retailer of large indoor and outdoor play equipment, swimming pools, hot tubs and garden furniture. Roy Anthony Gabbie bought the business in 2012 and grew it extensively by building up relationships with suppliers from the Far East to add more product lines, developing the website and moving to the head office and main warehouse in Manchester at Davrom House.
The Company initially had both an in-store and online presence but following the first lockdown in March 2020, the directors made the decision to operate solely as an online retailer.
It traded profitably over the years but as a result of the COVID-19 pandemic, high street shops being unable to apen and the requirement for people to remain at home, it experienced significant growth from 2020, Turnover increased from circa £3.6 million in the year ended 30 June 2020 to circa £5.6 million in the year ended 30 June 2021.
Administrators' statement of proposals (2022-09-21) · Companies House register