Stoke Clearance Retail Limited (07802104): administration
- Status
- Administration ended
- Administration began
- 2014-10-09
- Administrators
- Andrew John Duncan, Neil A Bennett
- Administrators' firm
- Leonard Curtis
- Formerly
- George and Freddie Retail Limited; HUK 22 Limited
- Incorporated
- 2011-10-07
- Location
- London
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
From the administrators' statement
31 Operations was incorporated on 9 January 2012 and Retail on 7 October 2011 The Companies commenced trading in February 2012 and operated from leasehold premises at Fraylings Business Park, Davenport Street, Longport, Stoke-on-Trent ST6 4LN
32 The principal trading activity of Operations was that of a management company which handled the warehouse and management of the business as well as employing all staff From an onginal number of 8, the staffing complement rose to 110 employees at the date of Administration Retail specialised in the liquidation of pristine and graded stock through a vanety of sales channels, including online marketplaces and retail locations
33 The Group commenced trading in February 2012 after securing a major inventory supply agreement through Retail, which was funded by Filefigure 30 Limited (‘Filefigure’), an affilate of the Companies The Group grew quickly and was immediately successful, achieving a turnover of £6 4m for the first
Administrators' statement of proposals (2014-12-04) · Companies House register