TWINMAR LIMITED

Company number 00763926 ·

Liquidation

This company is in liquidation.

Executive summary

Twinmar Limited's transition from a traditional footwear retailer to a multichannel operator was derailed by a fatal cost structure where distribution expenses eclipsed gross margins, compounded by a hostile UK retail climate. The extraction of over £11M in dividends in 2017 critically weakened the balance sheet's ability to absorb the subsequent £1M operating loss and the capital requirements of the digital pivot. Consequently, the company has entered liquidation, turning what was intended as a strategic transformation into a case study of the perils of under-capitalized pivots in a high-cost macro environment.

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Shareholders' funds

£14,401,750

Balance sheet as at 2018-06-30

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Overview

Company type
Private Limited Company
Incorporated
1963-06-11
Registered office
DEVONSHIRE HOUSE, MANOR WAY, BOREHAMWOOD, HERTFORDSHIRE, WD6 1QQ
Postcode
WD6 1QQ
Capital
2 GBP
Accounts category
FULL
Charges
1 outstanding

Accounts

Last made up to
2018-06-30
Next due by
2020-06-30
Financial year end
30 June

Confirmation statement

Last statement dated
2019-11-30
Next due by
2021-01-11
View filing history →

Nature of business (SIC)

  • 47721 Retail sale of footwear in specialised stores

Officers 1 current · 4 resigned

MR MARCEL BORDON Director
COMPANY DIRECTOR Appointed 1992-11-30

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Group structure

Controlled by TWINMAR TECH LIMITED — since 2016-04-06

From persons-with-significant-control filings on the public register.

Gender pay gap

6%

Women's median hourly pay below men's, 2019/20

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Previous registered addresses 5

AddressChanged on
DEVONSHIRE HOUSE MANOR WAY, BOREHAMWOOD, HERTFORDSHIRE, WD6 1QQ2020-07-14
14 MAXTED ROAD, HEMEL HEMPSTEAD, HERTFORDSHIRE, HP2 7DX, UNITED KINGDOM2020-07-02
YORK HOUSE EMPIRE WAY, WEMBLEY, MIDDLESEX, HA9 0FQ2019-03-06
LANMOR HOUSE, 370-386 HIGH ROAD, WEMBLEY, MIDDLESEX, HA9 6AX2015-04-15
LANMOR HOUSE 370-386 HIGH RD., WEMBLEY, MIDDX. HA9 6AX2005-12-13

Property in England & Wales 7 titles

Freehold
1
Leasehold
6
Most recent registration
2013-11-15
Where
Greater London (3), Kent (1), City Of Plymouth (1)
Title numberCounty Tenure RegisteredPrice paid
TT19721 Kent Leasehold 2013-11-15
BGL73251 Greater London Leasehold 2009-11-11
DN542774 City Of Plymouth Leasehold 2006-12-01
NK336724 Norfolk Leasehold 2006-02-10
AGL140894 Greater London Leasehold 2005-04-22
HD356200 Hertfordshire Freehold 2000-07-06
EGL77060 Greater London Leasehold 1989-07-31

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.