Have landlords been informed of the Administration?
Letters have been sent out to all landlords regarding the position of the company and the Administrators’
trading strategy. If you have not received this letter then please contact Josh Asbridge‐Smith at
Which stores are remaining open and for how long?
No stores have been closed by the Administrators and all sites are currently open for trading. The store
closure plan implemented as part of the CVA will continue. The Administrators will manage the store
trading strategy whilst also evaluating the options regarding the company’s future and determining how
to obtain the best possible outcome for all creditors. It remains to be decided if some or all the stores will
Landlords will be informed as and when decisions are made regarding their stores.
How will landlords be impacted?
At this stage of the Administration there is some uncertainty while the Administrators evaluate their
options regarding the company’s future and determining how to obtain the best possible outcome for all
The Administrators will pay rent and service charges in arrears for the period of occupation of the
If a buyer can be found leases may be assigned with the agreement of the buyer and landlord.
If the leases are not assigned, once trading has ceased, the company will seek to surrender the lease and
hand responsibility for the property back to the landlord.
There remains a balance of unpaid rent.
Rent and service charges for the month of March 2018 were not paid prior to Administration, however,
the Administrators will make payments of rent and service charges in arrears for the period of occupation
of the property, as an expense of the Administration, as agreed with landlords.