The Balmoral Knitwear factory – a favourite brand among Scotland’s golfing community – has closed following the appointment of liquidators to the Ayrshire-based business.
Paul Dounis and Steven Ross of RSM Restructuring Advisory have been appointed provisional liquidators of Balmoral Knitwear , which makes plain and embroidered corporate uniform, school and workwear. The move means that all 42 manufacturing staff have been made redundant with immediate effect.
The family-owned factory has been in the Mackie family for five generations, and was incorporated as a limited company in 1911. The associated Balmoral Mill Shop, which is separately-owned, continues trading.
The mill shop was one of the few to still exist in conjunc…
Read the full article at: https://www.insider.co.uk/news/historic-ayrshire-knitwear-business-goes-12051128
