Direct Golf UK Limited (03901345): administration
- Status
- Administration ended
- Administration began
- 2015-10-16
- Administrators' firm
- Kroll
- Incorporated
- 1999-12-30
- Location
- Manchester
- Industry
- 47640 Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs
- Parent or group failure
- Loss of key people
From the administrators' statement
Statutory information on the Company and a summary of its financial history 1s included at Appendix 1
The Company was Incorporated in December 1999, originally trading from one store in Huddersfield, West Yorkshire and in previous years has expanded its operations to 20 retail stores, as well as diversifying Its trade through its own website and well-known online retail platforms
The Company Is a wholly owned subsidiary of PHG and forms the Group alongside JLG JLG’s primary activity is that of a licensor of intellectual property, primarily to the Company, and 1s also a wholly owned subsidiary of PHG
Administrators' statement of proposals (2015-11-18) · Companies House register