ICSM Business News: Scotland’s largest shopping centre enters administration as its owner goes bust – plus a list of all the retailers who have crashed this autumn

Pic: Google Maps

ICSM Business News: Scotland’s largest shopping centre enters administration as its owner goes bust – plus a list of all the retailers who have crashed this autumn

By Harry Mottram: With 150 shops, an ice rink, a cinema and several restaurants East Kilbride with its 1.2 million square feet of retail space is a popular shopping destination in Scotland. Its owners Sapphire have gone bust forcing the shopping centre to enter administration with Blair Nimmo and Alistair McAlinden of Interpath Advisory appointed joint administrators last week at the Court of Session in Edinburgh.

The Daily Business Group reported Mr Nimmo, chief executive of Interpath, as saying: “While the challenges facing the UK retail sector are well known, the East Kilbride Shopping Centre has remained a popular shopping and leisure destination and continues to attract well-known names including the likes of Matalan which opened its new store earlier this month.”

Interpath are tasked with maintaining business in the run up to Christmas and looking to marketing the centre to seek a sale of the retail complex in the New Year.

Traditional retailing has been hit by what some have described as a perfect storm. Business rates have yet to be reformed, interest rates have pushed up the cost of borrowing, inflation is in double digits and Covid lockdowns accelerated the public’s taste for shopping online.

Recent casualties in the retail and wholesale sector as compiled by ICSM includes:

ADMINISTRATORS APPOINTED

21K FOOTWEAR LIMITED    11758899

COUNTRY PRODUCTS LTD    04720486

BLUECHIPWORLD SALES AND MARKETING LIMITED    10831431

HELIX FITNESS LIMITED    11963182

TEESSIDE CAR CENTRE LIMITED    11600031

 

ADMINISTRATION CREDITORS MEETING   

AUTORESTORE LIMITED    02354648

CRAFT RETAIL INTERNATIONAL LIMITED    09208171

FOOD INNOVATIONS BAKING GROUP LIMITED    11399845

 

COMPULSORY LIQUIDATORS APPOINTED S 136   

COLOUR CAR SALES LIMITED    10382413

 

CREDITORS’ VOLUNTARY LIQUIDATION DEEMED IN CONSENT MEETINGS

ACADEMY BIKEWORKS LTD    11289216

ANAMORE FOOTWEAR LTD    12749589

EDA LINGERIE LIMITED    02932011

FASHIONS FOR ALL LTD    11149649

FINOLA'S MEDISPA & BEAUTY CLINIC LTD    10625363

GODFREY SPORTS LIMITED    03633468

LOGWOOD STABLES LIMITED    07355648

M & L TRAVEL ACCESSORIES LTD    08270884

M.A.C. BUILDING PRODUCTS LIMITED    02608680

OFB SUPERMARKET LIMITED    10726843

PURE PRODUCTS LIMITED    05025156

SIMPLY TILES AND BATHROOMS LIMITED    05734486

ZENITH CAR CARE LTD    10538087

 

LIQUIDATORS APPOINTED

AA MARKET LTD    12169028

A GREAT READ LIMITED    06197795

A-Z WEDDING SERVICES LIMITED    06424884

BUY ANYTHING LTD    13268954

CENTRAL MARKET LTD    11799098

CHAOS FASHION LIMITED    09648553

COMPLETE CARPETS LIMITED    07769270

CONNOISSEUR CLASSICS LIMITED    11857126

C W VEHICLE SALES LIMITED    11254813

DJS RETAIL LIMITED    04415903

DOWSETT MOTORS LIMITED    04780920

FEATHER DRESSAGE LTD    10901516

FURNITURE LOFT LIMITED    09979299

HODGSON SPORTS LTD    11876682

HUDDERSFIELD NURSING HOMES LIMITED    01963535

JTK WHOLESALE LTD     11580058

K & C FASHION TRADING LIMITED    10400769

LONDON PREMIER SOUVENIRS LIMITED    07261717

MALL JEWELLERS (WALSALL) LTD    11961340

M & L TRAVEL ACCESSORIES LTD    08270884

MICKY HAMMOND RACING LIMITED    11847367

NEWLAND RETAIL LIMITED    11841704

OPTIMAL FURNITURE LIMITED    11236189

OXFORD CASUALWEAR LIMITED    12964245

SPARTAN WHOLESALE LIMITED    11861215

STORE RETAIL GROUP LTD    10420718

SWEET PACKS LIMITED    11919787

THE FINE GIFT COMPANY LIMITED    06515925

VP RETAIL LIMITED    11824694

ZENITH MARKETS LTD     11978195

 

MEMBERS VOLUNTARY LIQUIDATIONS

BORDESLEY GREEN GARAGE (WEDNESBURY) LTD.    03648233

BOURNE CARPETS LIMITED    08705157

HOME AND LEISURE INTERNATIONAL LIMITED    02271158

MERCERS FURNITURE TRADE LIMITED    08585224

PLANET LUGGAGE LIMITED    05544097

PROMENADE CAR PARKS LIMITED    03148489

 

PETITION DISMISSED

MAHO AGA LTD    12105460

 

PETITIONS TO WIND UP

A&K MACHINERY LIMITED    12501826

ANYAUTO PART LTD    11117461

FLAWLESS MOMENTS BEAUTY LIMITED    11390153

GIANY JEWELLERS LIMITED     10914911

UK TEXTILE GROUP LTD    08145293

WAYNE FLORIST WHOLESALERS LIMITED    13250084

 

WINDING UP ORDERS

DURHAM BED AND FURNITURE GROUP LIMITED    13015807

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For details for the work of the journalist Harry Mottram visit www.harrymottram.co.uk


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