HL Brothers Limited (12916101): administration
- Status
- In administration
- Administration began
- 2025-08-12
- Administrators
- Chris Ferguson
- Administrators' firm
- RMT Accountants & Business Advisors
- Incorporated
- 2020-09-30
- Location
- Newcastle upon Tyne
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my personal knowledge as Administrator.
HL Brothers Limited was incorporated on 30 September 2020 and operates under the trading name StockUK, a fast-growing e-commerce business specialising in the retail of branded sportswear and leisurewear. From its inception, the Company has focused on sourcing household-name products at wholesaie prices and delivering them directly to consumers through a streamlined online fulfilment model.
Operating in the B2C marketplace, StockUK established itself as a trusted supplier of 100% genuine sportswear, offering brands such as Nike, Berghaus, Under Armour, and Cruyff. With over 70,000 orders fulfilled to date, the business has built a strong reputation for reliability, competitive pricing, and customer satisfaction, reflected in its high rate of repeat custom. As of the financial year ending September 2024, HI. Brothers Limited achieved an annual turnover in excess of £1.7 million, underscoring its commercial success and market traction.
Administrators' statement of proposals (2025-08-20) · Companies House register