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Focus DIY
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===Administration=== [[File:I Want A Refund - geograph.org.uk - 1283936.jpg|thumb|Focus DIY, [[Melton Mowbray]], Leicestershire (2009)]] In August 2009, Focus narrowly avoided administration, when BDO Insolvency practitioners achieved a company voluntary arrangement. This was to restructure, and repay debts over a contracted period of time.<ref>{{cite web|url=https://www.theguardian.com/business/2009/aug/23/focus-diy-bankruptcy-talks|title=Focus DIY in insolvency deal to save 5,000 jobs|work=The Guardian|date=23 August 2009 |accessdate=4 May 2015}}</ref> On 5 May 2011, it was announced that owners [[Cerberus Capital]] had placed Focus into administration, after failed attempts to find a rescue deal. [[Ernst & Young]] placed Simon Allport, Alan Hudson and Tom Jack as joint administrators at midnight.<ref>{{cite web|url=http://news.sky.com/skynews/Home/Retailer-Focus-DIY-Is-Placed-Into-Administration-Putting-4000-UK-Jobs-At-Risk/Article/201105115985328?f=rss=rss|title=Thousands Of Jobs At Focus DIY At Risk|publisher=}}</ref> On 6 May 2011, it was announced that [[B&Q]] had bought 31 stores in cash for Β£23 million, with a plan to refit the properties and reopen them as B&Qs by July 2011, with Focus employees transferring to the stores.<ref>{{cite web|url=https://www.theguardian.com/business/2011/may/06/kingfisher-buys-31-focus-diy-stores?INTCMP=SRCH|title=Kingfisher swoops on 31 of struggling Focus DIY's stores|work=The Guardian|date=6 May 2011 |accessdate=12 October 2014}}</ref> [[Ernst & Young]] announced the closure of the remaining stores, which were over 120, which resulted in up to 3,000 job losses. At the time of the appointment of the administrators, the 178 strong retail chain collapsed owing businesses, shareholders and funders around Β£1 billion.<ref>{{cite web |url=http://www.roadtransport.com/Articles/2011/06/23/139101/Focus-DIY-collapse-leaves-Wincanton-and-Lloyd-Fraser-facing-1632m.htm |title=Focus DIY collapse leaves Wincanton and Lloyd Fraser facing Β£2m loss |website=roadtransport.com |date=23 June 2011 |archive-url=https://web.archive.org/web/20110629052734/http://www.roadtransport.com/Articles/2011/06/23/139101/Focus-DIY-collapse-leaves-Wincanton-and-Lloyd-Fraser-facing-1632m.htm |archive-date=29 June 2011 |url-status=dead |accessdate=27 October 2019}}</ref> The sale of assets generated Β£70 million,<ref name=autogenerated4 /> leaving most creditors out of pocket, including [[HM Revenue and Customs|HMRC]]. On 22 July 2011, the final store, which was in [[Gillingham, Dorset|Gillingham]], ceased trading. In December 2011, the brand was bought by the Walker Group, which owns Victoria Plumb. The trademarks are now owned by AHK Designs Ltd.<ref>{{cite web |url=http://www.diyweek.net/news/news.asp?id=15201 |title=Walker Group buys Focus DIY brand |publisher=diyweek.net |access-date=13 August 2014 |archive-date=16 February 2015 |archive-url=https://web.archive.org/web/20150216183353/http://www.diyweek.net/news/news.asp?id=15201 |url-status=dead }}</ref>
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