# Mcewens of Perth Limited (SC046297)

> Why UK company SC046297 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC046297

- **Status:** Administration ended
- **Administration began:** 2016-03-24
- **Administrators:** Blair Carnegie Nimmo, Gerard Anthony Friar
- **Administrators' firm:** KPMG
- **Incorporated:** 1969-02-01
- **Location:** Edinburgh
- **Industry:** 47190 Other retail sale in non-specialised stores

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 1 February 1969 and traded as a department store from premises in Perth, Oban and Ballater.

Although the Company had traded successfully in the past, the Company had incurred losses in recent years. For the year ended 31 January 2015, the Company reported a turnover of £5.3 million and made a loss of £65,000. The Company is a wholly owned subsidiary of McEwens Direct Limited.

2.2. Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC046297/filing-history/MzE0ODk4OTI5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC046297

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