Velo Bici Ltd (07296602): administration
- Status
- In administration
- Administration began
- 2025-10-08
- Administrators
- Paul Ellison, David Ronald Taylor
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 2010-06-28
- Location
- Reading
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- COVID-19
- Rising costs / inflation
- Brexit
- Supply chain disruption
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The following has been prepared by the Directors of the Company and has not been audited or verified by either KRE Corporate Recovery Limited, the Joint Administrators or their staff. 2.1
2.2
2.3
Administrators' statement of proposals (2025-11-26) · Companies House register