But if the administration process can’t rescue the company or find a new proprietor, this often results in liquidation. If Wilko does file for administration this means all control of the enterprise is handed to an appointed administrator – who has to be a licensed insolvency practitioner. Thebargain retailerfiled anotice of intentto appoint directors on Thursday.
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Learn More: Full Record Of Wilko Shops Vulnerable To Closing Down As Excessive Road Retailer On Brink Of Administration
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Revealed: All Of The Cities And Cities Where Wilko Stores Are Vulnerable To Being Axed
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