DC Realisations 2023 Limited (08754770): administration
- Status
- Administration ended
- Administration began
- 2023-11-17
- Administrators
- Allan David Kelly, Shaun Hudson
- Administrators' firm
- FRP Advisory
- Formerly
- Designer Childrenswear Limited
- Incorporated
- 2013-10-30
- Location
- Newcastle upon Tyne
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 30 October 2013 and operated as a designer children’s clothing retail outlet selling a variety of high-end brands since inception.
The directors and shareholders since incorporation were Kevin and Brenda Coade.
The Company operated from freehold premises in the city centre of Sunderland consisting of warehouse space on Olive Street and a retail shop across the road on Derwent Street.
Administrators' statement of proposals (2023-12-04) · Companies House register