Jolliman Clothing Limited (09363410): administration
- Status
- Administration ended
- Administration began
- 2016-01-15
- Administrators
- Howard Smith, William James Wright
- Administrators' firm
- KPMG
- Incorporated
- 2014-12-22
- Location
- London
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Rising costs / inflation
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 22 December 2014 and, having purchased the business and assets from a previous administration process, began trading in March 2015 The Company was a retatler of men’s clothing, both online and through a retail outlet
As at the date of our appointment, the Company employed 16 staff and operated out of two leasehold premises, a warehouse/head office in Lancing, West Sussex and a shop in Worthing, West Sussex
2.2 Funding and financial position of the Company
Administrators' statement of proposals (2016-03-14) · Companies House register