Beleaguered fashion chain Store Twenty One has collapsed into compulsory liquidation.
Simon Bonney, Carl Jackson and Paul Zalkin, partners at corporate recovery and business advisory firm Quantuma, have been appointed to handle the liquidation.
The Shirley-based retailer had been battling for survival after failing to secure investment following a company voluntary arrangement (CVA)
The latest decision meant the closure of Store Twenty One's remaining 122 stores and the loss of 900 jobs at the end of last week prior to Quantuma's appointment.
Among the affected stores are shops in Perry Barr, Erdington, Kings Heath, Northfield, Shirley, Chelmsley Wood and Sheldon.
In April, the company's management filed a notice to appoint administrators after Store Twenty One was served with a winding-up notice by HM Revenue & Customs for breaching the terms of the CVA.
This administration application was withdrawn but a second application was made in June and again withdrawn prior to the court finally issuing an order to wind the company up.
Mr Bonney said: "It is very sad that matters have got to the stage where all the stores were closed by management on Friday following a prolonged period of uncertainty leading up to the liquidation.
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"We are now in the process of conducting an orderly wind down and we would welcome contact from any interested parties who may wish to purchase assets of the company."
Store Twenty One's turnover in recent years declined from £95 million to £57 million with sustained losses over the past few years.
Following the winding up order, the case was passed to the Official Receiver's office and a Secretary of State appointment of Quantuma as liquidators quickly followed.
Mr Bonney added: "The traditional retail sector continues to face significant challenges, not least with the changes in business rates.
"The company was founded in 1932 and unfortunately it is another example of the difficulties arising in the current economy."