Wed, 16 Jan 2013 | ADMINISTRATION
Raresupply Limited, which trades under the name of Sony Centre, has been placed into administration.
Based in the East Midlands, Raresupply has been selling computers, TVs and other electrical goods for 25 years and has a workforce of 22, with shop branches in Derby, Nottingham, Lincoln and Leicester.
Matthew Cowlishaw and Christopher Farrington of Deloitte have been brought in to act as the administrators to the firm and said the move is attributed to declining sales over the past two years, due to increasing online competition.
The stores have been closed down and the staff made redundant.
The administrators are working with Sony to meet current orders where possible, and to address customer service queries and warranties.
The Sony Centre on Lincoln High Street closed on Friday 11th January, after the administrators had been drafted in the day before.
Paul McCaffrey, the previous deputy manager of the Sony Centre in Lincoln told the Lincolnite: “The truth is that Sony UK couldn’t afford to help us out with decent prices this year, our Lincoln branch was actually doing fantastic and had a great sales team working there.
“If Sony had helped us, we would easily still be open, but unfortunately more and more people turn to Amazon or previously play.com, then get upset that their local shops close.”
This is a rare opportunity to acquire a company with an established reputation and a strong client base, ideal for businesses looking to expand their market share by integrating new services. The company, a certified HubSpot partner with a skilled wo...
This well-established company offers a robust opportunity in the branding and marketing sector, serving a diverse client base with long-standing relationships and a strong foothold in the EdTech industry. With impressive growth potential and a skille...
An exciting opportunity to acquire a London-based audio technology business with a portfolio of coveted patents is now available.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.