Warehouse Retail Limited (06822218): administration
- Status
- Administration ended
- Administration began
- 2020-05-13
- Administrators
- Richard Michael Hawes, Robert James Harding
- Administrators' firm
- Deloitte
- Formerly
- W Fashions Propco Limited; HS 474 Limited
- Incorporated
- 2009-02-17
- 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
However, the challenges in the retail market prior to CVOID-19 resulted in an underperformance vs plan.
Administrators' statement of proposals (2020-06-18) · Companies House register