Reply to post:

Maplin shutdown sale prices still HIGHER than rivals

ChrisC

"It's probably because the liquidation sales are more about getting money back for the creditors"

In principle, yes. Personal experience of the process from the perspective of an employee of a company that went through the liquidation process a few years ago suggests that in reality, the administrators will do whatever they can to bring funds into the company in order to pay themselves as much as they can get away with extracting from the corpse, and any monies left over at the end of the process are just a rounding error not worthy of further thought or mention.

Leaving aside the whole question mark over paying what amounts to full "normal" prices for stuff from a liquidated retailer in this particular case, my personal distrust of administrators means I'd be loathe to spend any of my money at any company in administration, because in the back of my mind there'd always be that thought that all I was doing was padding out the administrators next expenses claim rather than providing some much needed funds to help pay any of the people genuinely owed money by the company...

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