Newtyle Trading Company Limited (07834335): administration and why it failed

Newtyle Trading Company Limited (07834335): administration

Status: Administration ended
Administration began: 2023-04-28
Administrators: Anthony John Wright, Alastair Massey
Administrators' firm: FRP Advisory
Incorporated: 2011-11-03
Location: London
Industry: 47710 Retail sale of clothing in specialised stores

Why it went into administration

COVID-19
Weak consumer demand
Supply chain disruption
Sustained trading losses
Parent or group failure
Brexit
Competition / price pressure
Weather / natural events

From the administrators' statement

Group Structure

{internet Fusion Group Ltd

Newtyle Trading Company ltd

Administrators' statement of proposals (2023-05-16) · Companies House register

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Newtyle Trading Company Limited (07834335): administration

Why it went into administration

From the administrators' statement

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Newtyle Trading Company Limited (07834335)