Fishing Republic Retail Limited (09682312): administration
- Status
- Administration ended
- Administration began
- 2018-12-20
- Administrators
- Andrew Poxon, Katy Mcandrew
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2015-07-13
- Location
- Manchester
- Industry
- 47640 Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Pension deficit
- Parent or group failure
From the administrators' statement
The Company was incorporated on 13 July 2015 and filed its first trading accounts for the period ending 5 August 2016. The registered number of the Company is 09682312.
Fishing Republic Retail Limited (“Retail”) is part of a group of companies comprising of parent company, Fishing Republic pic (“PLC”) and Fishing Republic Trading Limited (“Trading”) (the “Group”).
The Group's business was originally established in 1985 in Rotherham as ‘Stephen Gross Flies’ which specialised in the tying of flies and making of fly tying materials for fishing tackle wholesalers. In its first three years of trading the business generated over £100,000 of revenue {in aggregate). in 1988, the business moved into rented premises in Mexborough, Rotherham and in 1991 the business was incorporated as Lureflash Products Limited. It was renamed as Lureflash Intemational Limited in 1997 and in the same year began to source its own branded products from the Far East.
Administrators' statement of proposals (2019-03-19) · Companies House register