Oasis Fashions Holdings Limited (06818415): administration and why it failed

Oasis Fashions Holdings Limited (06818415): administration

Status: Administration ended
Administration began: 2020-05-13
Administrators: Richard Michael Hawes, Robert James Harding
Administrators' firm: Deloitte
Formerly: O Fashions Limited; HS 466 Limited
Incorporated: 2009-02-13
Location: Birmingham
Industry: 70100 Activities of head offices

Why it went into administration

COVID-19
Cash flow / liquidity pressure
Sustained trading losses

From the administrators' statement

Steps taken to remedy/turnaround (continued)

• Management investigated a number of operational

restructuring options, including a review of the potential cost savings available to the business

Administrators' statement of proposals (2020-06-18) · Companies House register

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Oasis Fashions Holdings Limited (06818415): administration

Why it went into administration

From the administrators' statement

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Oasis Fashions Holdings Limited (06818415)