Oceans Outdoor Imports Limited (07433629): administration
- Status
- Administration ended
- Administration began
- 2017-09-13
- Administrators
- Stephen Gerard Clancy, Steven Muncaster
- Administrators' firm
- Kroll
- Formerly
- HUK 3 Ltd
- Incorporated
- 2010-11-09
- Location
- Manchester
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- Cash flow / liquidity pressure
- Competition / price pressure
- Regulatory change or action
- Supply chain disruption
- Sustained trading losses
- Brexit
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company specialised in the sale of outdoor garden furniture. The Company operated from the Leasehold Premises which was both the Company's head office and main distribution warehouse at the Appointment Date.
The Company held current accounts with RBS and had credit card facilities and a merchant wholesale account with Hilco Wholesale.
Administrators' statement of proposals (2017-11-16) · Companies House register