Phosphorus Holdco PLC (07479181): administration
- Status
- Administration ended
- Administration began
- 2014-10-08
- Administrators
- Douglas Nigel Rackham, David James Kelly
- Administrators' firm
- PwC
- Formerly
- Phosphorus Holdco Limited; Dmwsl 659 Limited
- Incorporated
- 2010-12-29
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Companies are part of the Phones 4U Group formed in 1996 with the incorporation of Phones 4U Limited. The remaining Group companies were incorporated between 2003 and 2011.
Phones 4U was one of the UK’s leading independent mobile phone retailers and insurance providers, owned by private equity firm, BC Partners The Group operated online (including the previously acquired Dialaphone business) and on the high-street At the time of our appointment the Group had 563 stores plus 161 concessions in Dixon Carphone stores, and 5,592 employees 1n total
The Group had network agreements with Vodafone and EE and, until January 2014, it also had a contract with O2 The three main trading businesses are summarised below
Administrators' statement of proposals (2014-11-13) · Companies House register