Talps Holdings 2025 Ltd (07994596): administration
- Status
- In administration
- Administration began
- 2025-07-04
- Administrators
- Malcolm Rhodes, Ruth Lavinia Margaret Gilbert
- Administrators' firm
- PKF
- Formerly
- Splat Holdings Limited
- Incorporated
- 2012-03-16
- Location
- Exeter
- Industry
- 70100 Activities of head offices
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
Skate was established as one of the first independent retailers of Heelys footwear in the UK and has since developed into a leading provider of action sports equipment and apparel, specialising in Skateboards, scooters, Roller Skates, Ice Skates, BMX and other urban sports.
Skate principally operated as an e-commerce retailer in the UK with a global reach, serving customers all over the World. It also had a physical presence in two UK store locations: Halesowen (Birmingham) and Adrenaline Alley (Europe's largest urban sports venue in Corby).
In 2023, Skate had 126 staff in its customer service, shop, warehouse and management departments. This was reduced to 82 in 2024 and following a further exercise to reduce costs this was further reduced to 34.
Administrators' statement of proposals (2025-07-16) · Companies House register