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Pagazzi Lighting (Services) Limited (SC405630): administration

Status
Administration ended
Administration began
2026-02-27
Administrators' firm
Begbies Traynor
Incorporated
2011-08-18
Location
Glasgow
Industry
70100 Activities of head offices

Why it went into administration

From the administrators' statement

My proposals for achieving the purpose of the administration, which will be sent to creditors as soon as practicable, will provide detailed information in relation to the company. The following background information is provided to assist creditors who may have limited knowledge of the company and its affairs to better understand the reasons for the pre-packaged sale.

Pagazzi Lighting (Services) Limited was incorporated in August 2011 and has traded for a number of years as a specialist retailer of lighting and home interiors, operating through a combination of retail stores and online sales. The business has developed an established, recognisable brand, a loyal customer base and long-standing supplier relationships.

In recent years, the company’s trading performance has been impacted by the same challenges affecting many UK retailers. The sector has seen a sustained shift in consumer behaviour towards online purchasing as well as reduced disposable income, increased price competition and greater promotional pressure from both domestic and international customers. In particular, the retail sector has been affected by a series of government-imposed and regulatory cost increases, including rises in the National Living Wage, increases in employer National Insurance contributions and continued pressure from business rates and occupancy costs. These have been accompanied by higher energy, logistics, and supply chain costs. Collectively, these factors have materially increased the fixed cost base of store-based retail businesses at a time when footfall and demand have become more volatile.

Administrators' statement of proposals (2026-03-11) · Companies House register

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Pagazzi Lighting (Services) Limited (SC405630)

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