Armondi UK Limited (05895756): administration
- Status
- Administration ended
- Administration began
- 2020-10-02
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2006-08-03
- Location
- London
- Industry
- 14132 Manufacture of other women's outerwear
Why it went into administration
- COVID-19
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 3 August 2006 by the then directors and shareholders, Mr Robert Telson and Mr Cafer Mahiroglu. Mr Mahiroglu resigned as a director in May 2011. Since incorporation the Company traded from rented premises in Kentish Town. The premises were occupied by the Company on a tenancy at will basis with a monthly rental of £5,500.
The Company traded as a designer and manufacturer of ladies clothing which are then supplied to multiple high street store. The clothing is designed by a dedicated design team of two based at the Company's London premises. The manufacture of the clothing is outsourced. Initially the clothes were manufactured at factories in the Eastern Bloc in countries such as Romania. However, more recently the Company had to seek manufacture of the garments further afield in order for the garments to remain competitively priced. In the main the Company’s designs are now manufactured in factories in Glang Nam, Vietnam.
Historically, the Company has traded well designing, manufacturing and distribution clothes for high street retailers such as Arcadia Group, Matalan, M&Co and Very.
Administrators' statement of proposals (2020-11-19) · Companies House register