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GOLF
STARS CLOTHING MANUFACTURER IN RECEIVERSHIP Bruce
Clark (Scotland) Ltd, a leading manufacturer of waterproof golf clothing favoured
by top golfers such as Nick Faldo, Colin Montgomerie and Darren Clarke, and by
the national amateur teams of Scotland, Ireland and Wales is in receivership.
Based in Dalgettie Bay, Fife, the company's products, which trades under the Bruce
Clark brand name, are sold by golf professional shops throughout the UK and Europe. The
business has a turnover of £1m and employs 18 staff. The receivership was
caused by cashflow difficulties. Receiver
Blair Nimmo, Head of KPMG Corporate Recovery in Scotland, is planning to continue
trading the business with a view to finding a buyer for it as a going concern: "The
company is a highly regarded manufacturer with a strong, well-known brand and
a good distribution network. It has modern production facilities and we are hopeful
that there will be a lot of interest in the business." |