Halifax Snooker Club Limited (04171655): administration
- Status
- Administration ended
- Administration began
- 2020-09-04
- Administrators
- Julian Pitts, Richard Kenworthy
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2001-03-02
- Location
- Leeds
- Industry
- 93120 Activities of sport clubs
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated in March 2001 to run the business of a Snooker Hall in Halifax, West Yorkshire, as the directors believed the area lacked family entertainment venues. The Company later expanded and redeveloped the ground floor of its leasehold premises to a ten-pin bowling centre in late 2005.
After several years of decent trading, the directors still believed there was still an unsatisfied demand for leisure activities in Halifax and therefore decided to open an indoor adventure golf venue from new leasehold premises located close to the existing bowling alley and snooker hall premises. This new venture was branded as “Galactic Golf’.
The Company employed 37 staff, including four managers to take care of the day to day running of the venues and the directors being responsible for the purchasing, marketing, finance and operations of the Company.
Administrators' statement of proposals (2020-09-15) · Companies House register