Blue Group Hold Co Limited (12040448): administration
- Status
- Administration ended
- Administration began
- 2020-06-30
- Administrators
- Zelf Hussain, Peter David Dickens, Yulia Marshall
- Administrators' firm
- PwC
- Incorporated
- 2019-06-10
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Regulatory change or action
From the administrators' statement
We've enclosed at Appendix C, the information required to be provided to you u by SIP 16. Some of that information is repeated below where beneficial or necessary to do so for the purpose of these proposals.
Background
At the time of the administration, the Group was a vertically integrated UK retailer that operated a multi-channel strategy through stores, online and telesales. The principal activities of the Group were the manufacture, distribution and retail of beds/mattresses and home furniture products. The retail group operated under the brands of:
Administrators' statement of proposals (2020-10-01) · Companies House register