In a statement released today, Spotted Fin Ltd announced the immediate closure of their business. The directors cited a combination of significant challenges as the reasons behind the difficult decision, including the COVID-19 pandemic, Brexit, the Ukraine war, and the rising cost of living.
These factors, along with the broader economic difficulties currently facing many industries, have made it increasingly hard for businesses in the angling sector to remain profitable. The company, known for its high-quality baits and fishing products, expressed deep regret over the closure, thanking customers for their support over the years.
While expressing regret for the closure, the directors emphasised their commitment to the brand and their efforts to navigate the challenging circumstances. They thanked their staff, friends, and team of anglers for their support and dedication throughout the company's existence.
Founded just four years ago, Spotted Fin quickly established a reputation for high-quality products, innovative ideas, and exceptional customer service. The company expanded its reach, shipping products to 15 countries worldwide and carving out a strong niche in the angling market. Despite the closure, the directors expressed hope that Spotted Fin’s legacy would continue to inspire others in the angling community to push boundaries and pursue their own dreams within the industry.
