Internacionale UK Limited (08580302): administration
- Status
- Administration ended
- Administration began
- 2014-02-28
- Administrators
- Toby Scott Underwood, Lyn L Vardy
- Administrators' firm
- PwC
- Incorporated
- 2013-06-21
- Location
- Leeds
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was mcorporated on 21 June 2013 and was formed to purchase the business and assets of Internacionale Retail following its insolvency in July 2013 Thomas Jack and Samuel Woodward of Ernst & Young LLP are the administrators of Internacionale Retail
The Company is ultrmately owned by a number of related individuals who purchased the business and assets of Internacionale Retail on 12 July 2013 Since that date, the Company operated as a low cost women and girls clothing store and latterly traded from approximately 90 stores across the United Kingdom, with 967 employees
Administrators' statement of proposals (2014-04-24) · Companies House register