Entertainment UK Limited

Acting as agent to the Joint Administrators, Wyles Hardy & Co. were instructed to realise the tangible fixed assets of materials handling equipment, for Entertainment UK Limited, a company involved in the retail supply and distribution primarily of retail media material. It was a wholly owned subsidiary of the Woolworths Group. At the time of the administration, Entertainment UK Limited’s turnover was said to be £1.4billion.

Leveraging our expertise in asset valuation, management, and disposal, Wyles Hardy coordinated the entire process to ensure maximum recovery for creditors. The asset portfolio was a diverse range of items, including a state of the art automated, order picking and fulfilment system. Each item was carefully catalogued and assessed to appeal to a wide audience of potential buyers in the entertainment, events, and media production industries. By facilitating this comprehensive disposal, Wyles Hardy underscored our skill in managing high-value and niche assets across diverse sectors.

The sales process highlighted Wyles Hardy & Co’s capabilities in managing complex asset sales within the entertainment industry. Utilising targeted marketing strategies, we reached potential buyers from various sectors, ensuring that each asset was matched with a new owner who could maximise its value. Our efficient, transparent process provided optimal returns for Entertainment UK Limited’s creditors while allowing industry professionals to access high-quality equipment at competitive prices. This successful valuation reinforced Wyles Hardy’s reputation as a leading firm for specialised asset recovery, able to effectively navigate the challenges of unique and industry-specific disposals.