# New Gray Limited (11815602)

> Why UK company 11815602 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11815602

- **Status:** Administration ended
- **Administration began:** 2020-03-25
- **Administrators:** Steven Muncaster, Stephen Gerard Clancy
- **Administrators' firm:** Kroll
- **Incorporated:** 2019-02-08
- **Location:** Manchester
- **Industry:** 47190 Other retail sale in non-specialised stores

## Why it went into administration

- Creditor pressure / legal action
- Weak consumer demand
- Property / lease costs

## From the administrators' statement

The Company was incorporated on 8 February 2019 and was used as a special purpose vehicle to purchase the business and assets on a going concern basis of Treds LLP (In Administration) from the Administrators PWC.

The ‘Treds’ brand was a well-known local brand in the South coast operating in the retail sector since 998 and this was incorporated in the purchase from the former company. The brand was previously used and operated under Treds Limited.

The Company main trading activity was a footwear, clothing and accessory retailer from various locations mainly in the south of the UK and online.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11815602/filing-history/MzI2NTgyNTk0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11815602

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