Adrian Peter Berry and Daniel Francis Butters were appointed Joint Administrators of Azendi Limited on 8 March 2012. The affairs, business and property of the Company are managed by the Joint Administrators. The Joint Administrators act as agents of the Company and contract without personal liability.
All Insolvency Practitioners of Deloitte LLP are licensed in the UK.
The Company is a jewellery retailer operating from 19 stores within the UK with a turnover of approximately £8 million and circa 100 employees.
The appointment follows a period of advisory work including contingency planning.
The Company has faced a challenging retail trading environment which has seen a significant fall in sales, and the Director of the Company concluded given the prevailing circumstances that an Administration process was the best option for the Company.
The Joint Administrators will seek to trade the business whilst seeking a purchaser for the business is sought.
Please direct any trading queries to either Ed Connell or Craig Florence in the first instance.
Queries in relation to the sale of business should be directed to Detti Barany.
It is the Administrators intention to provide all statutory information to creditors by use of this website in accordance with new legislation introduced by the Insolvency (Amendment) Rules 2010.
All known creditors will be advised each time a new document has been uploaded to the website and the documents will remain on the website for the duration of the administration and for three months after the administration has ended.