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Alicia James Limited (09652879): administration

Status
Administration ended
Administration began
2025-02-21
Administrators
David Birne, Stephen Mark Katz
Administrators' firm
Begbies Traynor
Incorporated
2015-06-23
Location
London
Industry
47770 Retail sale of watches and jewellery in specialised stores

Why it went into administration

From the administrators' statement

The Company was incorporated on 23 June 2015 and initially operated from two sites trading as Jewellery

shops, selling and repairing jewellery.

One shop was in Hatton Garden, London. This was acquired in April 2014 when the shops had traded as a partnership. Sadly, the Hatton Garden shop never traded successfully and drained the Company's finances which placed financial pressure on the Company’s other shop in Chelmsford. The Hatton Garden shop was eventually sold in 2020, but financial pressures remained on the Chelmsford shop. The Chelmsford trading premises was at 8-10 New London Road, Chelmsford, Essex CM2 OSW, occupied under a Lease Agreement dated 4 November 2015. The term of the Lease was for 10 years expiring in November 2025. The Directors had also personally guaranteed the Lease.

Administrators' statement of proposals (2025-04-26) · Companies House register

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Alicia James Limited (09652879)

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