Newark Golf Club Company Limited(The) (00170271): administration
- Status
- Administration ended
- Administration began
- 2024-07-16
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1920-09-16
- Location
- Northampton
- Industry
- 93120 Activities of sport clubs
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- COVID-19
- Rising costs / inflation
- Property / lease costs
From the administrators' statement
The Company was incorporated on 16 September 1920 and operates as a member-owned golf club from the freehold property, Newark Golf Club, Coddington, Newark, Notts, NG24 NQX. There are currently 327 members of the club, all of whom are also shareholders of the Company.
The Company was incorporated in 1920 by a group of individuals who came together to create a golf club
for the enjoyment of the members and their friends. The Company has traded for over 100 years and during this period has been overall successful.
Administrators' statement of proposals (2024-07-26) · Companies House register