# TS Operations Limited (08442819)

> Why UK company 08442819 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08442819

- **Status:** Administration ended
- **Administration began:** 2013-11-11
- **Administrators' firm:** Moorfields
- **Incorporated:** 2013-03-13
- **Location:** London

## Why it went into administration

- Competition / price pressure
- Sustained trading losses
- Shift to online / high-street decline
- Funding withdrawn / unable to refinance

## From the administrators' statement

The Company was Incorporated on 13 March 2013 as TS Operations Limited and its registered office was Harefield Place, The Drive, Uxbridge, UB10 8AQ

The Company's principal business is the rental and sale of movies and video games The Company ts owned by TS 1973 Investment Holdings Limited, a wholly owned subsidiary of Gordon Brothers International LLC (“Gordon Brothers”) Gordon Brothers specialise in restructuring retail businesses

The Company was established to acquire the business and assets of Blockbuster Entertainment Limited and Blockbuster GB Limited out of Administration in January of this year

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08442819/filing-history/MzA5MDM0OTg5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08442819

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