# Ricli Limited (08160071)

> Why UK company 08160071 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08160071

- **Status:** Administration ended
- **Administration began:** 2013-01-14
- **Administrators:** Jeremy Nicholas Bleazard
- **Administrators' firm:** Kroll
- **Incorporated:** 2012-07-27
- **Location:** Cleckheaton

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

The Company was formed and incorporated on the 27 July 2012 as a Special Purchase Vehicle to acquire the assets of Ashlock Limited in Administration (“Ashlock”), primarily the trading premises, stock and fixtures and fittings The only director and 100% shareholder of the Company was Michael John Basso

Having acquired the assets of Ashlock, from the Administrators a recovery plan for the stores was to be developed and as a result, the management team from Liric Limited (an associated company), was asked to assist with this task which included the recovery of the Ethel Austin trading brand It was felt that a combined strategy with both companies amalgamating at some future point provided the best trading future for the group of stores

Liric Limited’s management team moved into the Company's head office and warehousing facility in Altrngham Systems were then developed to harmonise the Company's and Liric Limited's software and operational practices However, It became clear that the

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08160071/filing-history/MzA3NDMzOTE0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08160071

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.