# Astf Limited (05410618)

> Why UK company 05410618 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05410618

- **Status:** Administration ended
- **Administration began:** 2012-12-03
- **Administrators:** Philip James Watkins, Philip Lewis Armstrong
- **Administrators' firm:** FRP Advisory
- **Formerly:** Floridasuntanningcentres Limited
- **Incorporated:** 2005-04-01
- **Location:** London
- **Industry:** 47710 Retail sale of clothing in specialised stores

## Why it went into administration

- HMRC / tax arrears
- Rising costs / inflation
- Cash flow / liquidity pressure
- Over-expansion / investment not recovered
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

ASTF was incorporated in 2005 and commenced trading in 2006 with its principal activity being that of design, production and retail of clothing. The Company was a UK supplier of made-to-measure suits which were manufactured in the Far-East (Nepal). ASTF traded under the style of ‘A Sut That Fits’ through the website www asuitthatfits.com and through its network of studios

The trademark of ‘A Suit That Fits’ and the domain name to the website www.asuitthatfits com were owned by David Hathiramant, a director of the Company, and were licensed under agreement to ASTF.

ASTF started as an online only proposition, but after sales increased quickly in the first two years, the business model evolved to incorporate a physical presence to accelerate sales growth further. Based on sales achteved, ASTF expanded into multiple premises in London in early 2008.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05410618/filing-history/MzA2OTU5ODIxM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05410618

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