# TMLG Holdings Limited (05688521)

> Why UK company 05688521 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05688521

- **Status:** Administration ended
- **Administration began:** 2020-06-30
- **Administrators:** Cameron Gunn, Lee Antony Manning
- **Administrators' firm:** ReSolve
- **Formerly:** T.M. Lewin Group Limited; GW 1048 Limited
- **Incorporated:** 2006-01-26
- **Location:** London
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- COVID-19

## From the administrators' statement

T.M. Lewin & Sons is a well-known British Menswear brand with over 120 years’ history. The business first opened in Mayfair in 1898. The London-based menswear retailer had grown into one .of the most prominent tailors in the UK and had an annual turnover of over £120m which operated online and from 66 stores.

The Companies brand values are craftsmanship, value for. money and attention-to detail. The online business had grown quickly accounting for more than 30% of the group's revenues and with brand well positioned in the 25-34-year-old demographic, capitalising on the growth in smart casual workwear.

In April 2020: the Companies’ owner, Bain Capital Credit LP instructed Alantra Corporate Finance LLP to secure a buyer for the Companies. As a result of this mandate the Companies were sold to Torque Brands _ Group Limited (“Torque Brands”), a special purpose acquisition vehicle owned by Stonebridge Private Equity on 12 May 2020. , :

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05688521/filing-history/MzI3NzMyNTMxNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05688521

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