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J R Retail Bawtry Ltd (07930802): administration

Status
Administration ended
Administration began
2021-04-09
Administrators
Joseph Fox, Lisa Jane Hogg, Kelly Burton
Administrators' firm
Wilson Field
Formerly
Top Form Business Limited
Incorporated
2012-02-01
Location
260 Ecclesall Road South
Industry
47710 Retail sale of clothing in specialised stores

Why it went into administration

From the administrators' statement

The information provided in this section is based upon the Company’s records, information provided by the Company’s management and the explanations of its director. The Joint Administrators cannot therefore be held personally liable for any error or misstatement of fact contained herein. The key personnel involved in the provision of this information was Russell Jones, the managing director of the Company.

The Company was incorporated in February 2012 as a vehicle for conducting the trade of a long established business known as Robinsons of Bawtry; a high end fashion retailer which has been operating since 1986. The trading name dates back to the original owners and founders of the business, Tony and Janet Robinson. The current director of the Company, Mr Russell Jones, acquired the business from Mr and Mrs Robinson during 2009 and is currently the sole director of the Company and its majority shareholder, holding 34% of the Company’s issued share capital. Full details of the Company’s directors, secretary and shareholding is provided within the statutory information disclosed at Appendix A.

The Company operated as a high street retail business selling high-end men’s and ladies fashion wear and accessories. Labels stocked by the Company included the likes of Belstaff, Eton, Robert Charles, Jacob Cohen, True Religion, Hugo Boss, Ralph Lauren, Emporia Armani, Boutique Moschino, Love Moschino, Mulberry and Balmain, amongst others. The Company traded from premises at 2 South Parade, Bawtry, DN10 6JH (“the Premises”) which is sublet from the Purchaser. For the avoidance of doubt, the Premises lease is owned by the Purchaser and the director of that company allows the Company to trade from the Premises. The Premises is split over three floors, with the ground floor comprising menswear and a store area, the first floor comprising womenswear and a store area and a third floor being utilised as an office and storage space. The director advised that under normal trading conditions, 99% of the Company’s sales were generated by traditional shop retail and 1% of revenues were generated via online sales, achieved through their website (www.robinsonsofbawtry.com), Facebook, Instagram and other social media platforms.

Administrators' statement of proposals (2021-04-26) · Companies House register

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J R Retail Bawtry Ltd (07930802)

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