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Clothes firm to enter liquidation

Date Added: 11/10/2011  

A company based in East Anglia that designed football kits is likely to go into liquidation in order to avoid being served with a winding up order.

ASD (Europe), which is located in Ipswich, has ceased trading, with as many as 20 people losing their jobs as a result of the move.

The East Anglia Daily Times reported that creditors will be meeting on October 13th in order to discuss the future of the organisation, with a vote being held on whether or not to begin the liquidation process at the firm.

ASD is perhaps best known for designing the Punch-branded kit worn many years ago by Ipswich Town Football Club, while it has also produced training gear for the Republic of Ireland and England international teams.

It was set up back in 1997 but although it supplied clothes to global sports brands and high street retailers, it was unable to keep its head above water throughout the financial downturn.

Meanwhile, it has been revealed that Chester-based design and communications firm Rapport Creative is also closing down after two decades of operations.

How Do reports that Andy Porter and Robert Dillon, directors of the organisation, put it into liquidation at the end of last week.

Mr Porter stated that the closure of the company is "incredibly sad" and claimed many other firms are going to be in the same position due to "tough" financial conditions.

"We realised latterly that the business had become unsustainable, that was particularly apparent over the past month," said the director.

"The people affected are very few in number and they have handled the situation with decency and grace."

Rapport had employed as many as 12 individuals earlier in the year but at the time of its closure this figure was down to just two, due to members of staff who had chosen to leave not being replaced.

Need advice on Winding up Orders? Call 0800 9020123

Posted by Miles Pritchard

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