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DS 2008 Limited (06719297): administration

Status
Administration ended
Administration began
2012-01-27
Formerly
The Discovery Store Limited
Incorporated
2008-10-09
Location
York
Industry
47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)

Why it went into administration

From the administrators' statement

The Discovery group of companies sold gadgets / toys through a network of shops, over the internet and directly to wholesalers

The Company was the main trading company in the group. The Company set up a number of subsidiary companies When the Discovery group opened a new retail store, a subsidiary company was set up for this purpose The subsidiary company occupied the store on a short term lease / licence and the Company supplied it with stock

The company also provided staff, stock and shop fittings to the various subsidiaries across the UK However, each individual outlet operated as a separate legal entity Each shop was opened towards the end of the year and traded over the Christmas period They were then closed early into the next year, the staff dismissed and, if there was any substantial stock left over this, along with the shop fittings, were returned to the head office

Administrators' statement of proposals (2012-03-26) · Companies House register

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DS 2008 Limited (06719297)

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