# Pacific Retail Limited (06641125)

> Why UK company 06641125 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06641125

- **Status:** Administration ended
- **Administration began:** 2015-03-24
- **Administrators' firm:** BDO
- **Formerly:** Fleetness 610 Limited
- **Incorporated:** 2008-07-08
- **Location:** Manchester
- **Industry:** 45310 Wholesale trade of motor vehicle parts and accessories

## Why it went into administration

- Sustained trading losses
- Cash flow / liquidity pressure
- Property / lease costs
- Competition / price pressure
- Shift to online / high-street decline

## From the administrators' statement

The Company’s principal activity is that of a Ingh street retailer of automotive parts, consumables and accessories for various aftermarket segments including cars, vans, motorcycles and caravans, along with cycles and other leisure related products

Prior to the appointment of the Joint Administrators, the Company traded from 66 retail stores across the Umited Kingdom under the trading name, Motor World and employed approximately 200 staff. The Company’s head office function 1s based at Bevis Green Works, Mill Road, Walmerstey, Bury, Lancashire.

The Company purchased approximately 70% of its products from subsidiaries of Tetrosyl Group Limited, namely Tetrosyl Limited, Maccess Limited and QH Autoparts Limited (together, along with other associated companies the “Tetrosylt Group of Companies”). This relationship enabled the Company to provide a more competitive price to its customers

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06641125/filing-history/MzEyMTQ4ODE5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06641125

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.