Luckycow Limited (06781871): administration
- Status
- Administration ended
- Administration began
- 2013-07-04
- Administrators' firm
- MHA
- Incorporated
- 2009-01-02
- Location
- London
- Industry
- 47190 Other retail sale in non-specialised stores
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 2 January 2009 under Company number 06781871 The Company has an tssued share capital of £150 00, consisting of 150 ordinary shares of £1 00 each
The Company operated as an importer and distributor of Polish food and goods to retailers, predominantly in the North/North West of England and also operated a chain of around 12 retail units The business was seen as a growing demand in a specialised area, utilising a supply agreement with Spizarnia SC (“SSC”), which was also the Company's trading style/brand
From around November 2012 onwards, the business model was fundamentally changed as it was considered that the operation of an owned and managed chain stores was not a cost effective structure It was decided that the shops would be franchised to individual owners who would then manage them directly
Administrators' statement of proposals (2013-09-18) · Companies House register