Wednesday, May 8, 2024

Lincolnshire online retailer selling outdoor accessories enters administration

Northcore, an outdoor accessories and lifestyle online retailer based in Lincolnshire, has entered administration.

Graham Bushby, Nick Edwards and Matthew Haw of RSM UK Restructuring Advisory LLP were appointed as Joint Administrators of Louth-based Northcore Limited, as well as Shade Limited, on 30 November 2022.

Shade Limited, trading as Shade Station, is an online retailer of sunglasses, glasses and watches.

The businesses were taken over by Internet Fusion Group (IFG) last year.

The Joint Administrators say they are currently reviewing the financial position of both companies to ascertain the prospect of continuing to trade the businesses, and the viability to sell them as a going concern.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £27.55 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Advertisment












Latest posts

Lincs & Notts Air Ambulance runners pound the streets to raise vital funds for life-saving charity

Lincs & Notts Air Ambulance (LNAA) have given a big thank you to everyone who donned their running shoes during April to take part...

Laceby Manor develops new luxury lodge park

With wellness tourism forecast to grow by 16.6% annually and 94% of travellers incorporating self-care into their travels,* Lincolnshire’s Laceby Manor Golf and Spa...

HETA celebrates record achievement rates and success of learners

Humberside Engineering Training Association is "proud of another significant achievement" as it announces record-high qualification achievement rates for its Level 3 Apprenticeship Programmes. Established in...

An academic route for the ambitious at Queen Ethelburga’s College (QE)

QE College is known globally for its consistently high-ranking league table positions, placing 2nd nationally for A Level Results in the Sunday Times Parent...

Gainsborough kids invited to become explorers

The 6th Gainsborough Sea Scout Group recently opened an Explorer Unit (boys and girls aged 14 to 17). The reason for opening it was...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close