Jessops Europe Limited (08384909): administration
- Status
- Administration ended
- Administration began
- 2021-04-07
- Administrators
- Philip Lewis Armstrong, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Incorporated
- 2013-02-01
- Location
- Bolton
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- COVID-19
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Management failings / irregularities
- Property / lease costs
- Loss of key people
From the administrators' statement
The Company was incorporated on 1 February 2013 following the acquisition of the Jessops brand from a previous Administration. The Company's head office is in Marlow, Buckinghamshire.
The Company is a digital imaging, photographic and technology equipment retailer and photo service provider. The Company is a subsidiary of JGL and part of a wider PJ Investment Group. The brand is owned by PD) (Shelf 7) Limited, a company with common control.
In March 2013, trading commenced via the re-launch of the Jessops website and six stores re-opening in the UK. In October 2014, Jessops began operating concessions within certain Sainsburys stores as well as operating additional high street stores. At its greatest extent the Group operated 74 stores.
Administrators' statement of proposals (2021-06-14) · Companies House register