# Brantano Retail Limited (09988846)

> Why UK company 09988846 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09988846

- **Status:** Administration ended
- **Administration began:** 2017-03-22
- **Administrators:** Michael John Andrew Jervis, Anthony Steven Barrell
- **Administrators' firm:** PwC
- **Formerly:** Lifebelles Limited
- **Incorporated:** 2016-02-04
- **Location:** Leeds
- **Industry:** 47721 Retail sale of footwear in specialised stores

## Why it went into administration

- Funding withdrawn / unable to refinance
- Weak consumer demand
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 4 February 2016 for the purpose of acquiring the business and certain assets of BUK out of administration; this transaction completed on 15 February 2016. We acted as administrators of BUK and set out further details regarding our prior professional relationships below.

The Company operated as a national value shoe retailer headquartered in Hinckley, Leicestershire, operating 73 out-of-town stores and 64 concessions across the UK, and employing 1,086 staff (of which 71 were at head office). The Company is owned by a company controlled by Alteri Investors (a specialist European retail investor).

The Company shares its head office/distribution function with Jones (a company connected by common shareholder and directors) which also entered administration on 24 March 2017; we have only been appointed as administrators of the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09988846/filing-history/MzE3MzkyMDgzNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09988846

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.