POUNDWORLD could become the latest retail casualty on the British high street after it called in administrators, putting 5100 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 around 350 stores. Its possible collapse comes after both Toys R Us and Maplin fell into administration earlier this year.

READ MORE: Edinburgh's House of Fraser to close amid 6000 job losses

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 retailer's move would come just days after House of Fraser detailed its plans to shut 31 stores, affecting around 6000 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.

The full list of Poundworld stores is:

Croydon 

Leicester Haymarket 

Chesterfield Clay Cross 

Swindon 

Kilmarnock Bargain Buys 

Kings Lynn 

Bradford Foster Square 

Luton 

Bradford 

Kirkcaldy 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