Variety Shopping Limited (08466295): administration
- Status
- Administration ended
- Administration began
- 2014-01-24
- Administrators
- Sarah Helen Bell, Stephen Gerard Clancy
- Administrators' firm
- Kroll
- Formerly
- Vanity Fair Club Limited
- Incorporated
- 2013-03-28
- Location
- Manchester
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Sustained trading losses
- Weather / natural events
From the administrators' statement
Statutory information on the Company is included at Appendix 1 As the Company only traded for three months, no financial information 1s available
The Company was incorporated on 28 March 2013 and subsequently began trading on 16 November 2013
The Company operated as a department store, retailing furniture, household consumer products and clothing The business model of the Company was to sell retail goods direct to the public and rent space in the store to concession suppliers
Administrators' statement of proposals (2014-03-25) · Companies House register