Warehouse Fashions Holdings Limited (06818428): administration
- Status
- Administration ended
- Administration began
- 2020-05-13
- Administrators
- Richard Michael Hawes, Robert James Harding
- Administrators' firm
- Deloitte
- Formerly
- W Fashions Limited; HS 467 Limited
- Incorporated
- 2009-02-13
- Location
- Birmingham
- Industry
- 70100 Activities of head offices
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Weak consumer demand
- Sustained trading losses
- Rising costs / inflation
- Property / lease costs
- Competition / price pressure
From the administrators' statement
the Joint Administrators ’ Reasons for financial distress
+’ As with many “bricks and mortar” retailers, the Group was experiencing a number of pressures which led to a-deteriorating financial position, including:
— Adecline in UK consumer confidence anda change in shopping habits from stores to online, which negatively impacted the Group’ s performance, -
Administrators' statement of proposals (2020-06-18) · Companies House register