X-Nico

2 unusual facts about Modelzone


Modelzone

Prior to its acquisition by WHSmith, the company operated a chain of high-street stores and had a distribution arm, Amerang; when Modelzone entered administration in June 2013, the company had 47 branches and 385 employees, and was the UK's largest model retailer.

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ModelZone had 385 employees and 47 stores at the time of administration and was majority-owned by the private equity arm of Lloyds Banking Group, Lloyds Development Capital, to whom the company owed £9 million of their £11 million debt, according to a statement of affairs prepared during administration.


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