HRH Hill Ltd (06621854): administration
- Status
- Administration ended
- Administration began
- 2024-02-01
- Administrators
- Virgil Levy
- Administrators' firm
- La Business Recovery
- Incorporated
- 2008-06-17
- Location
- Uxbridge
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Management failings / irregularities
- Brexit
From the administrators' statement
HRH Hill Ltd was set up on June 17" 2008 and commenced trading in October of that year.
lan Hill has over 20 years of experience of Direct Marketing and Marketing having worked in a variety of marketing roles. Selling online via marketplaces was chosen in light of the Director's marketing experience.
The initial business model was to sell large bulky items online via market places such as Amazon and eBay. Selling large bulky items Amazon proofed the business, i.e., most items sold on Amazon are small items.
Administrators' statement of proposals (2024-03-28) · Companies House register