Poundworld has become the latest retail casualty on the British high street as it called in administrators on Monday, putting 5,100 jobs at risk.

The budget retailer has appointed Deloitte to handle an administration after last-ditch rescue talks with R Capital broke down over the weekend.

Poundworld, which is owned by TPG Capital, has 335 stores.

The stores in and around Glasgow set to go are: Clydebank, Cumbernauld, East Kilbride, Glasgow Argyle, Glasgow Forge, Glasgow Forge Retail Park, Greenock, Hamilton, Motherwell, Paisley, Port Glasgow, Shawlands and Wishaw.

Bargain Buys in Airdrie, Kilmarnock and Paisley will also close.

Poundworld's collapse comes after both Toys R Us and Maplin fell into administration earlier this year.

Deloitte will try to find a buyer for the business, and has said there are no redundancies or store closures at this time.

Clare Boardman, joint administrator at Deloitte, said: “The retail trading environment in the UK remains extremely challenging and Poundworld has been seeking to address this through a restructure of its business. Unfortunately, this has not been possible.”

She said the business was hit by falling footfall, alongside rising costs and weak consumer confidence.

A spokesman for TPG said putting the business into administration was a “difficult decision”.

“We invested in Poundworld because of our belief in how the company serves its customers and the strength of its employees,” he added.

“Despite investing resources to strengthen the business, the decline in UK retail and challenging behaviour affected Poundworld significantly.”

It is understood that TPG and Poundworld’s management rejected offers to buy the business out of a pre-pack administration, and were hoping to sell it as a solvent business.

Other parties named as possible buyers were turnaround specialist Alteri Investors and Poundworld’s founder Chris Edwards.

But a deal could not be struck.

Poundworld’s losses widened in 2016-17 to £17.1 million, from £5.4 million of losses the year before.

The news came just days after House of Fraser detailed its plans to shut 31 stores, affecting around 6,000 jobs.

House of Fraser is seeking landlord approval for the restructuring plan, which is a form of insolvency known as a Company Voluntary Agreement (CVA).

A raft of CVAs have been struck in recent months as retailers struggle amid surging costs, rising business rates, competition from online rivals and a slowdown in consumer spending.

Other retailers undertaking CVAs in a bid to keep trading include New Look, Mothercare and Carpetright.

Restaurant businesses have also been seeking to cut their costs with store closure programmes, with Carluccio’s, Byron and Prezzo all pushing through CVAs this year.

Here is full list of Poundworld stores:

  • Croydon
  • Leicester Haymarket
  • Chesterfield Clay Cross
  • Swindon
  • Kilmarnock Bargain Buys
  • Kings Lynn
  • Bradford Foster Square
  • Luton
  • Bradford
  • Kirkaldy Fife Central Retail Park
  • Wrexham
  • East Ham
  • Dartford
  • West Bromwich Bargain Buys
  • Paisley Bargain Buys
  • Kettering
  • Swansea Parc Tawe Bargain Buys
  • Coventry
  • Stevenage
  • Doncaster
  • Brighton
  • Newtownabbey
  • Wolverhampton
  • Cleveland Bargain Buys
  • Lewisham
  • Bradford
  • Shepherds Bush
  • Preston Deepdale Shopping Park
  • Portsmouth
  • Llanelli Bargain Buys
  • Livingston
  • Wakefield
  • Middlesbrough Bargain Buys
  • Harrogate
  • Archway
  • Newtownards
  • Bexleyheath
  • St Albans
  • High Wycombe
  • Omagh
  • Bury
  • Bristol Bradley Stoke
  • Newcastle
  • Nottingham Trinity
  • East Kilbride
  • Shrewsbury
  • Plymouth
  • Armagh
  • Craigavon
  • Belfast Connswater
  • Burnley
  • Wood Green
  • Glenrothes
  • Rochdale
  • Sunderland Bridges Shopping Centre
  • Ashton Bargain Buys
  • Merry Hill
  • Hounslow
  • Woking
  • Londonderry
  • Sunderland
  • Derby West Field
  • Gloucester
  • Northampton
  • Rotherham Bargain Buys
  • Hednesford
  • Bedford
  • Tottenham
  • Southport
  • Coventry
  • Belfast Donegall Place
  • Orpington
  • Taunton
  • Chesterfield Vicar Lane Shopping Centre
  • Gravesend
  • Runcorn Bargain Buys
  • Banbury Cross
  • Cramlington Bargain Buys
  • Cardiff
  • Canterbury
  • Cumbernauld
  • Warrington Bargain Buys
  • Bristol Emersons Green
  • Leeds
  • Chelmsford
  • Bolton Breightmet
  • Aberdeen Union
  • Wakefield
  • Bishop Auckland Extra
  • Glasgow Forge
  • Bristol
  • Nottingham Ladybay
  • Nottingham Victoria Centre
  • St Helens
  • Crawley
  • Washington
  • Newcastle Wallsend
  • Speke
  • Chester
  • Ipswich
  • Denton
  • Birmingham Stechford
  • Motherwell
  • Exeter
  • Aberdeen Boulevard Retail Park
  • Cameron Toll
  • Southend Bargain Buys
  • Liverpool
  • Basildon
  • Gateshead
  • Bargoed
  • Newbury
  • Bristol Extra
  • Northampton
  • Harlow
  • Romford
  • Belfast City Side Retail Park
  • Lincoln
  • Stockton Bargain Buys
  • Wisbech
  • Hull
  • Reading
  • Swansea Phoenix Retail Park
  • Clydebank
  • Irvine
  • Castleford
  • Fulham
  • Falkirk
  • Manchester Fort Shopping Park
  • Guiseley
  • Edingburgh West
  • Perry Barr
  • Wigan Robin
  • Cleveland
  • Dunfermline
  • Merthyr Tydfil
  • Chester
  • Hemel Hempstead
  • Leicester St Georges
  • Leeds Regent Street
  • Chatham
  • Sutton in Ashfield
  • Southampton
  • Inverness
  • Robroyston
  • Watford
  • Blackburn Lord Square
  • Cookstown
  • Derby
  • Banbury
  • Bloxwich
  • Wolverhampton
  • Llanelli
  • Newcastle Byker
  • Hereford
  • Ellesmere Port
  • Greenock
  • Llantrisant Retail Park
  • West Ealing
  • Durham
  • Killingworth
  • West Bromwich
  • Darlington
  • Aldershot
  • Peckham
  • Blackwood
  • Glasgow Argyle
  • Paisley
  • Brighouse
  • Warrington
  • Scunthorpe Skippingdale Retail Park
  • Sheffield Crystal Peaks
  • Corby
  • Ayr Heathfield
  • Sheffield
  • Boston
  • Hull Northpoint
  • Nottingham Broadmarsh
  • Stafford
  • Rhyl
  • Leeds Crown Point
  • Stockport
  • Gosport
  • Swadlincote
  • Blaydon
  • Leyton
  • Goole
  • Norwich
  • Bristol Avon Meads
  • Alloa
  • Waltham Cross
  • Slough
  • Pontardulais
  • Washington
  • Straiton
  • Leeds Kirkstall Road
  • Bootle
  • Skelmersdale
  • Airdrie Bargain Buys
  • Irvine
  • Wrexham
  • Peterborough
  • Peterlee
  • South Shields
  • Leith
  • Coventry Airport
  • Rayleigh
  • Leeds Merrion Centre
  • Havant
  • Newton Aycliffe
  • Newport Bargain Buys
  • Seacroft
  • Chester
  • Stocksbridge
  • Aylesbury
  • Middlesbrough
  • Whitehaven
  • Doncaster
  • Warrington
  • Preston
  • St Helens Retail Park
  • Bangor (Wales)
  • Scunthorpe The Foundry
  • Newport
  • Reedswood
  • Grimsby
  • Manchester
  • Darlington
  • Nelson
  • Huddersfield New Street
  • St Helens Bargain Buys
  • Redcar
  • Fleet
  • Crewe
  • Streatham
  • York
  • Accrington
  • Rotherham
  • Hermistone
  • Port Glasgow
  • Eccles
  • Queensferry
  • Lichfield
  • Bolton
  • Sheffield Parkway
  • Southport
  • Telford
  • Oldham
  • Birmingham (The Fort Retail Park)
  • Sutton Coldfield
  • Jarrow
  • Stockton
  • Maidenhead
  • Wythenshawe
  • Rothwell
  • Dumfries
  • Bangor
  • Linlithgow
  • Strood
  • Belfast
  • Hinckley
  • Middlebrook
  • Shrewsbury
  • Burton
  • Cardiff
  • Dunstable
  • Sutton
  • Barnstaple
  • Middleton
  • Halifax
  • Workington
  • Grantham
  • Colwyn Bay Extra
  • Rotherham Parkgate
  • Manchester Arndale
  • Leicester Bargain Buys
  • Thornaby
  • Carmarthen
  • Hamilton
  • Preston St Georges
  • Cambourne
  • Crewe
  • Andover
  • Wishaw
  • Perth
  • Grays
  • Hyde
  • Worksop
  • Barnsley Wombwell
  • Bracknell
  • Blyth Bargain Buys
  • Bradford Ivegate
  • Stretford
  • Shawlands
  • Leith
  • Barnsley
  • Trowbridge
  • Edmonton Green
  • Ashton
  • Ormskirk
  • Huddersfield Princess Alexandra Walk
  • Rochdale
  • Barnsley
  • Staines
  • North Shields
  • Seaham
  • Wigan
  • Harpurhey
  • Blackburn
  • Swinton
  • Blyth
  • Birkenhead
  • Selby
  • Hatfield
  • Torquay
  • Widnes
  • Glasgow Forge Retail Park
  • Liverpool Bell Vale
  • Derby Southgate
  • Mansfield
  • Dagenham
  • Dewsbury
  • Kirkby
  • Bude
  • Crossgates
  • Doncaster
  • Wakefield
  • Salford
  • Bolton
  • Loughborough
  • Cumbernauld Bargain Buys
  • Hull
  • Worksop
  • Cramlington Manor Walks
  • Sale