Vertice London Limited (06654062): administration
- Status
- Administration ended
- Administration began
- 2018-04-16
- Administrators' firm
- CG&Co
- Incorporated
- 2008-07-23
- Location
- Manchester
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
From the administrators' statement
Initial purchase of the Company
The Company, which operates as a high-end men and women’s fashion boutique, was purchased from the previous director and owner, Giovanna Battista Bolandrini in 2016. The Company traded in Mayfair, an upmarket area which is frequented by shoppers interested in purchasing luxury goods.
The purchaser and director of the Company, Qiying Fang, has a history in fashion design. He had hoped fo use his background fo source new products which would be of interest to the current clientele, with the aim of expanding the business and attracting new customers.
Administrators' statement of proposals (2018-05-30) · Companies House register