# Rowland's Clothing Ltd (01698615)

> Why UK company 01698615 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01698615

- **Status:** Administration ended
- **Administration began:** 2012-02-09
- **Administrators:** Robert Andrew Croxen, Jonathan Scott Pope
- **Administrators' firm:** KPMG
- **Formerly:** Rowland Field Sports Limited; Windfashion Limited
- **Incorporated:** 1983-02-11
- **Location:** London
- **Industry:** 5242

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company operated as a ladies clothing retailer through a mail order business and seven retail outlets across the south of England

The Company had been experiencing financial difficulties as a result of declining sales due to the economic climate [t made a loss of circa £400,000 for the year ended 31 July 2011 and the Company’s management accounts for the four months to 30 November 2011 indtcated an additional loss of circa £100,000

Due to ongoing financial difficulties caused by these losses, the Company engaged ReSolve on 20 January 2012 to advise the Directors and undertake marketing of the business ReSolve conducted an extensive market screening process in order to select potential buyers, from both trade and private equity investors and approached potential funders to the business

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01698615/filing-history/MzA1NTQxMTQ3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01698615

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.