[4] The company had its origins in the beginning of the 1980s, when Mike Williams launched Focus Homecentres for AAH Holdings plc.
In December 1987, Focus Homecentres was acquired by Choice Group Ltd.[5] The new company's shareholders included Mike Williams, Bill Archer and Greg Stanley, who had previously built up and sold the DIY chain Fads.
The company added a further 131 stores, with the purchase of Wickes in September 2000, a no frills DIY chain which focused on building supplies to the trade.
By January 2007, it was clear that the company had run into financial difficulties; it was close to breaching its banking covenants, and struggling under debts built up over the acquisition spree in the preceding years.
[2] Costs were slashed, and under performing stores were either closed or sold to other retailers, including Homebase, Tesco, Wickes and Sainsbury's.
[12] In August 2009, Focus narrowly avoided administration, when BDO Insolvency practitioners achieved a company voluntary arrangement.
[13] 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.
At the time of the appointment of the administrators, the 178 strong retail chain collapsed owing businesses, shareholders and funders around £1 billion.