Member Article

Newsome Working Men's Club announces voluntary liquidation

Newsome Working Men’s Club has announced the decsion to place the club in members voluntary liquidation under the supervision of business advisers Begbies Traynor.

Bdaily announced that the administrators had been called here.

Over 80 members attended the meeting on St John’s Avenue where a vote will be held to decide whether there was any alternative than to put the club into liquidation.

Following the vote, joint liquidator Peter Sargent of Begbies Traynor appointed property agents Walker Singleton of Halifax to market the Club’s premises and the bowling green to be sold as separate lots for the benefit of creditors.

“Despite the liquidation the club is currently solvent and also has some valuable assets, so all of the known creditors will be paid in full once Walker Singleton are able to secure a buyer for the Club’s premises.”

“It is sad that the Club was no longer viable, but the members really had no choice but to vote for the liquidation that at least opens up the route to salvage the bowling green facilities for continued community use.

“We have already been approached by a representative of the bowling club an offer for the bowling green, and we anticipate that given the constraints on the recreational use of this land, that this is likely to be successful,” said Mr Sargent.

Believed to be over a hundred years old, the family friendly club has more had around 250 members and offers a variety of social and sports amenities including crown green bowling, snooker and pool.

Peter Sargent, partner at Begbies Traynor in Halifax commented: “Sadly the member numbers of Newsome WMC have been befalling for years and it simply ran out of cash.

“Whilst it is sad to see the end of such a well-loved community facility, we are working to facilitate the continuity of the bowling club if at all possible.

“We hope to grant an access agreement to enable the club to keep using the facilities and maintain its condition, and we hope that with such an appetite for the club to survive we will be able to agree a deal on that part of the Club’s assets very soon.”

This was posted in Bdaily's Members' News section by Clare Burnett .