Wilmslow Electrical Supplies Ltd (07611465): administration
- Status
- Administration ended
- Administration began
- 2023-05-31
- Administrators
- Michael John Gillard
- Administrators' firm
- Accountants G A Harris & Co
- Incorporated
- 2011-04-21
- Location
- Crewe
- Industry
- 46190 Agents involved in the sale of a variety of goods
Why it went into administration
- Brexit
- COVID-19
- Supply chain disruption
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
The Company started to trade on 21 April 2011. The business model was to create a small outlet to facilitate the local area dealing with both general trade and the public with potential to expand into other small towns to facilitate similar needs. The business model would be a smaller version of more established wholesalers able to supply everything the trade and public need, just located more locally and conveniently. With a lower stock profile and ‘back to backing’ sales the Company could utilise small premise space, keeping overheads low.
The Company occupied a unit based in Wilmslow that had recently been vacated by a failed electrical wholesaler. The business benefited from the previous tenant as the location had been well established.
Administrators' statement of proposals (2023-06-12) · Companies House register