Golfino UK Limited (05550977): administration
- Status
- Administration ended
- Administration began
- 2020-03-04
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2005-09-01
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Sustained trading losses
From the administrators' statement
Golfino UK Limited (‘the Company”) was incorporated on 1 September 2005 under Company number 05550977. Its registered office was at Centrum House 36 Station Road Egham Surrey TW20 9LF, and its parent Company and sole shareholder, Golfino AG, was based in Germany. The Company’s main area of business was in the production and sale of Golf clothing and equipment, and it traded from 4 premises throughout the UK, London, St Andrews, Knutsford and Banbridge.
The Director of the Company was asked to provide a background history of the Company, and this has been summarised as follows:
Golfino AG was founded in Germany in 1986. It started as designer knitwear line and by 1990 expanded into head to toe golf wear for Ladies and Men. By that time, it already sold internationally, first to Austria and the Netherlands. Soon after it offered its products all over Western Europe, including the UK, where it formed its own distribution company. Originally all business was wholesale, selling to fashion and golf outlets. In 1995, a first pilot retail store was opened in Hamburg. in 1999, it started fo establish its mini shop concept with spaces in wholesale partner shops and stock management by Golfino. By 2007 it was considered to be market leader in golf apparel in Europe.
Administrators' statement of proposals (2020-05-06) · Companies House register