Clothing retailer Store Twenty One is on the brink of entering administration, following a difficult year during in which the company struggled to make repayments to its lenders, State Bank of India. An intention to appoint administrators notice has been filed by the company as a result of HM Revenue and Customs presenting a winding-up order on April 12th. The now very likely possibility of administration puts 1,000 jobs at risk in the face of impending store closures, after shutting another 77 stores last July in the company voluntary arrangement (CVA) deal.