# Kast Retail Ltd (SC355901)

> Why UK company SC355901 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC355901

- **Status:** Administration ended
- **Administration began:** 2020-06-10
- **Administrators' firm:** KPMG
- **Incorporated:** 2009-03-03
- **Location:** Glasgow
- **Industry:** 47710 Retail sale of clothing in specialised stores

## Why it went into administration

- COVID-19
- Sustained trading losses
- Regulatory change or action
- Weak consumer demand
- Shift to online / high-street decline
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Property / lease costs
- Parent or group failure

## From the administrators' statement

The Company was incorporated in March 2009 and operated the Group’s 82 physical retail stores located across the UK (75) and the Republic of lreland (7).

The Company specialised in the sale of “Quiz” branded clothing and fashion accessories, aimed, primarily, at the 18 to 30 female demographic and specialising in occasionwear and seasonal pieces.

The Group also operates a website, a concessions business and international / wholesale operations. These are run by other Group companies and are unaffected by the administration of the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC355901/filing-history/MzI2ODAxODQ0M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC355901

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