In the latest Insolvency Digest, creditors of 51 furnishing businesses entering liquidation or administration are expected to suffer a combined shortfall of £27.3m.
Ian Goodhew, of Voscap Limited, was appointed as liquidator of carpet business Carleton Lord Carpets Limited on 19 November 2024. Preferential creditor, the HMRC is owed £22,000, while unsecured creditors are owed £142,000, including £105,000 owed to banks. It is expected that creditors will suffer a shortfall of £165,000.
Daniel Ormerod and Lauren Fitton, both of Leonard Curtis, were appointed as joint liquidators of furniture manufacturer Cottage Cabinets Limited on 25 November 2024. Preferential creditor, employee claims, are owed £12,000, while the HMRC is owed £19,000. Unsecured creditors are owed £159,000, including a further £56,000 owed to staff and £24,000 owed to a bounce back loan. It is expected that creditors will suffer a shortfall of £173,000.
Maria Strong, of Strong Anderson, was appointed as liquidator of furniture maker Greengate Furniture Limited on 26 November 2024. Preferential creditor, employee claims, are owed £23,000, while the HMRC is owed £79,000. Unsecured creditors are owed £496,000, including a further £241,000 owed to staff and £103,000 owed to a director’s loan. It is expected that creditors will suffer a shortfall of £505,000.
Richard Marchinton, of Conselia Limited, was appointed as liquidator of furniture retailer Ginger and Grey Interiors Limited on 21 November 2024. Preferential creditor, employee claims, are owed £5,300, while the HMRC is owed £23,000. Unsecured creditors are owed £96,000, including a further £26,000 owed to staff. It is expected that creditors will suffer a shortfall of £120,000.
Natalie Hughes, of Simply Corporate Limited, was appointed as liquidator of furniture manufacturer Firmans Direct Limited on 14 November 2024. Preferential creditor, employee claims, are owed £12,000, while the HMRC is owed £139,000. Unsecured creditors are owed £213,000, including a further £67,000 owed to employees. It is expected that creditors will suffer a shortfall of £363,000.
Jessica Thomas and Philippa Smith, of Smith & Barnes Insolvency Practitioners Ltd, were appointed as joint liquidators of furniture maker Alan Gregory Furniture Ltd on 14 November 2024. Preferential creditor, employee claims, are owed £2,000, while the HMRC is owed £12,000. Unsecured creditors are owed £71,000, including a further £13,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £85,000.
Nicola Baker, of Rushtons Insolvency Limited, was appointed as liquidator of joinery firm Crisp Fitted Furniture Limited on 14 November 2024. Preferential creditor, the HMRC is owed £10,000. Unsecured creditors are owed £38,000, including £32,000 owed to banks. It is expected that creditors will suffer a shortfall of £26,000.
Andrew Knowles and Daniel Ormerod, both of Leonard Curtis, were appointed as joint liquidators of carpet retailer Town & Country Furnishings of Mold Ltd on 18 November 2024. Preferential creditor, the HMRC is owed £28,000. Unsecured creditors are owed £86,000, including a further £35,000 owed to employees. It is expected that creditors will suffer a shortfall of £117,000.
John Hedger, of Seneca IP Limited, was appointed as administrator of furniture retailer European Living Retail Limited, trading as BoConcept Scotland, on 8 November 2024. Preferential creditor, employee claims, are owed £35,000, while the HMRC is owed £732,000 and unsecured creditors are owed £337,000. It is expected that creditors will suffer a shortfall of £1.2m.
Kenneth Craig and Kevin Mapstone, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture manufacturer Zespoke Design Limited on 11 November 2024. Preferential creditor, the HMRC is owed £36,000, while unsecured creditors are owed £171,000. It is expected that creditors will suffer a shortfall of £204,000.
Ian Goodhew, of Voscap Limited, was appointed as liquidator of carpet retailer Style Showroom Group Limited on 21 November 2024. Preferential creditor, employee claims, are owed £4,000, while the HMRC is owed £112,000. Unsecured creditors are owed £450,000, including £176,000 owed to banks. It is expected that creditors will suffer a shortfall of £557,000.
Benjamin Jones and Rajnesh Mittal, both of FRP Advisory Trading Limited, were appointed as joint liquidators of bathroom furniture supplier Mereway Bathrooms Limited on 20 November 2024. Preferential creditor, employee claims, are owed £36,000, while the HMRC is owed £211,000. Unsecured creditors are owed £2.4m, including a further £353,000 owed to employees. It is expected that creditors will suffer a shortfall of £2.4m.
Jamie Playford, of Leading, was appointed as liquidator of furniture manufacturer Ply Light Furniture Boards Ltd on 27 November 2024. Preferential creditor, the HMRC is owed £2,700, while unsecured creditors are owed £50,000, including £35,000 owed to banks. It is expected that creditors will suffer a shortfall of £52,000.
Stephen Goderski and Oliver Collinge, of PKF Littlejohn Advisory, were appointed as joint liquidators of logistics business Prestige Furniture Logistics Limited on 14 November 2024. Preferential creditor, the HMRC is owed £597,000, while unsecured creditors are owed £290,000, including a further £267,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £303,000.
Edwin Kirker, of Kirker & Co, was appointed as liquidator of carpet business K B Carpet & Flooring Supplies Ltd on 22 November 2024. Preferential creditor, employee claims, are owed £4,000, while the HMRC is owed £154,000. Unsecured creditors are owed £429,000, including £78,000 owed to NatWest Bank. It is expected that creditors will suffer a shortfall of £587,000.
Mark Hodgett and David Willis, both of FRP Advisory Trading Limited, were appointed as joint liquidators of office and shop furniture manufacturer RCJ Manufacturing Limited on 28 November 2024. Preferential creditor, employee claims, are owed £17,000, while the HMRC is owed £275,000. Unsecured creditors are owed £224,000, including £120,000 owed to a director’s loan. It is expected that creditors will suffer a shortfall of £498,000.
Andrew Ryder, of JT Maxwell Limited, was appointed as liquidator of wholesaler AIM Sourcing Ltd on 3 December 2024. Unsecured creditors are owed £51,000, including £18,000 owed to banks. It is expected that creditors will suffer a shortfall of £52,000.
Rehan Ahmed and Tauseef Rashid, both of Quantuma Advisory Limited, were appointed as joint liquidators of furniture retailer Simpson Interiors Limited on 3 December 2024. Preferential creditor, employee claims are owed £10,700, while unsecured creditors are owed £106,000, including £74,000 owed to directors. It is expected that creditors will suffer a shortfall of £106,000.
Adam Jordan and Nickolas Rimes, both of Rimes & Co, were appointed as joint liquidators of kitchen furniture manufacturer Brookes Kitchens Limited on 5 December 2024. Preferential creditor, employee claims, are owed £5,000, while the HMRC is owed £44,000. Unsecured creditors are owed £540,000, including a further £12,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £656,000.
Jeremy Bleazard, of XL Business Solutions, was appointed as liquidator of carpet retailer Birstall Mill Carpets Limited on 28 November 2024. Unsecured creditors are owed £26,000, including £16,000 owed to the HSBC. It is expected that creditors will suffer a shortfall of £25,000.
Rochelle Schofield and Andrew Knowles, both of Leonard Curtis, were appointed as joint administrators of furniture firm Aspen Furniture Ltd on 15 November 2024. Unsecured creditors are owed a total sum of £99,000, which includes £65,000 to the trade, £15,000 as a Bounce Back Loan and over £7,000 as a director’s loan. Creditors are expected to suffer a shortfall of £306,000.
Marco Piacquadio and Alan Coleman, both of FTS Recovery Limited, were appointed as joint liquidators of kitchen furniture business Palaeo LLP on 28 November 2024. Preferential creditor, employee claims, are owed £25,000, while the HMRC is owed £4,000. Unsecured creditors are owed £267,000. It is expected that creditors will suffer a shortfall of £286,000.
Matthew Russell and Gareth Lewis, of Lewis Business Recovery & Insolvency, were appointed as joint liquidators of carpet retailer Ladyship Carpets Limited on 11 December 2024. Unsecured creditors are owed £96,000, including £40,000 owed to banks. It is expected that creditors will suffer a shortfall of £87,000.
Ian Royle and David Broadbent, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture retailer JMCLT Limited, trading as Brand Interiors, on 5 December 2024. Preferential creditor, the HMRC is owed £3,500, while unsecured creditors are owed £88,000, including £23,000 as a Bounce Back loan. It is expected that creditors will suffer a shortfall of £92,000.
Adam Jordan and Nickolas Rimes, of Rimes & Co, were appointed as joint liquidators of furniture manufacturer Anglo European Marketing Ltd on 12 December 2024. Preferential creditor, the HMRC is owed £3,100, while unsecured creditors are owed £217,000, including £27,000 to TSB Bank. It is expected that creditors will suffer a shortfall of £216,000.
Andrew Ryder, of JT Maxwell Ltd, was appointed as liquidator of flooring wholesaler Boutique Stone Ltd on 16 December 2024. Preferential creditor, employee claims, are owed £17,000, while the HMRC is owed £320,000. Unsecured creditors are owed £803,000, including £229,000 owed to banks. It is expected that creditors will suffer a shortfall of £1.2m.
Christopher Brooksbank, of CB Business Recovery Ltd, was appointed as liquidator of carpet retailer Cheetham Hill Furnishings Ltd on 17 December 2024. Unsecured creditors are owed £88,000, including £38,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £88,000.
Steven Ross and Allan Kelly, both of FRP Advisory Trading Limited, were appointed as joint liquidators of commercial furniture business Plant Services (Gateshead) Limited, trading as Prestige Seating Technology, on 11 December 2024. Preferential creditor, employee claims, are owed £34,000, while the HMRC is owed £39,000. Unsecured creditors are owed £462,000, including a further £278,000 owed to staff. It is expected that creditors will suffer a shortfall of £602,000.
Craig Johns and Jason Elliott, of Cowgills Limited, were appointed as joint liquidators of carpet retailer Concept Carpets Flooring Ltd on 12 December 2024. Preferential creditor, the HMRC is owed £2,800, while unsecured creditors are owed £201,000, including £80,000 to an associated party loan. It is expected that creditors will suffer a shortfall of £196,000.
Martin Maloney and Daniel Ormerod, both of Leonard Curtis, were appointed as joint liquidators of wholesaler RGN Flooring Supplies Limited on 16 December 2024. Preferential creditor, employee claims, are owed £8,000, while the HMRC is owed £7,500. Unsecured creditors are owed £285,000, including a further £67,000 owed to employees. It is expected that creditors will suffer a shortfall of £358,000.
Jonathan Sinclair, of Sinclair Harris, was appointed as liquidator of furniture manufacturer C&S Interiors Ltd on 19 December 2024. Preferential creditor, the HMRC is owed £23,000, while unsecured creditors are owed £141,000, including £50,000 owed to banks. It is expected that creditors will suffer a shortfall of £157,000.
Rosalind Hilton, of Adcroft Hilton Limited, was appointed as liquidator of kitchen business Impact Kitchens Ltd on 17 December 2024. Unsecured creditors are owed £50,000, including £35,000 owed to banks. It is expected that creditors will suffer a shortfall of £50,000.
Keeley Lord and Christopher Lawton, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture retailer Furvell Limited on 19 December 2024. Preferential creditor, the HMRC is owed £25,000, while unsecured creditors are owed £137,000. It is expected that creditors will suffer a shortfall of £162,000.
Joanne Rolls and Trevor Binyon, both of Opus Restructuring LLP, were appointed as joint liquidators of kitchen furniture manufacturer Willowood Ltd on 10 December 2024. Preferential creditor, employee claims, are owed £1,100, while the HMRC is owed £35,000. Unsecured creditors are owed £229,000. It is expected that creditors will suffer a shortfall of £265,000.
Kerry Bailey and Mark Thornton, of BDO LLP, were appointed as joint administrators of soft furnishings manufacturer Evans Textile (Sales) Limited on 24 December 2024. As for creditors, HSBC is owed £300,000 as a secured creditor, which is expected to be repaid in full, while HSBC Invoice Finance (HIF), owed £1.2m, has also been repaid in full. Loan Note holders, owed a sum of £1m, are expected to suffer a shortfall, while the HMRC, owed £487,000, could receive some distribution. Meanwhile, unsecured creditor claims totalled £2.1m and are expected to suffer a shortfall of the entire amount. In total, creditors are expected to suffer a shortfall of over £3m.
Gary Thompson and David Meany, both of Quantuma Advisory Limited, were appointed as joint liquidators of furniture retailer Hutton Kitchen Centre Billericay Limited on 17 December 2024. Preferential creditor, employee claims, are owed £17,000, while the HMRC is owed £32,000. Unsecured creditors are owed £303,000, including a further £162,000 owed to staff. It is expected that creditors will suffer a shortfall of £326,000.
Abigail Shearing, of Voscap Limited, was appointed as liquidator of office furniture wholesaler Sadlers Farm Office Furniture Limited on 18 December 2024. Preferential creditor, the HMRC is owed £16,000, while unsecured creditors are owed £136,000, including £41,000 to an associated loan. It is expected that creditors will suffer a shortfall of £144,000.
Richard Hunt, of SFP Restructuring Limited, was appointed as liquidator of retailer Customise Kitchens Limited on 16 December 2024. Preferential creditor, the HMRC is owed £77,000, while unsecured creditors are owed £73,000, including £50,000 to directors. It is expected that creditors will suffer a shortfall of £150,000.
Joseph Sadler and Andrew J Cordon, both of CFS Restructuring LLP, were appointed as joint liquidators of furniture manufacturer Country Tradition (Nottm) Ltd on 19 December 2024. Preferential creditor, the HMRC is owed £6,000, while unsecured creditors are owed £66,000, including £13,000 to a director’s loan. It is expected that creditors will suffer a shortfall of £65,000.
John Butler and Andrew Nichols, both of Redman Nichols Butler, were appointed as joint liquidators of carpets and flooring business Express Flooring Store Limited on 6 January 2025. Preferential creditor, employee claims, are owed £2,300, while the HMRC is owed £29,000. Unsecured creditors are owed £82,000. It is expected that creditors will suffer a shortfall of £109,000.
Darren Brookes, of Milner Boardman & Partners, was appointed as liquidator of furniture manufacturer Grangemoor Interiors Ltd on 3 January 2025. Preferential creditor, employee claims, are owed £12,000, while the HMRC is owed £196,000. Unsecured creditors are owed £847,000, including a further £48,000 owed to staff. It is expected that creditors will suffer a shortfall of £1m.
Jamie Playford, of Leading, was appointed as liquidator of furniture maker Dreamland Beds B’Ham Limited on 8 January 2025. Preferential creditor, the HMRC is owed £143,000, while unsecured creditors are owed £2.8m. It is expected that creditors will suffer a shortfall of £3m. *Read more.
Avner Radomsky and Michael Goldstein, both of RG Insolvency, were appointed as liquidators of beds retailer Vic Smith Bedding Limited on 9 January 2025. Preferential creditor, the HMRC is owed £39,000, while unsecured creditors are owed £472,000, including £170,000 to director’s and £41,000 to banks. It is expected that creditors will suffer a shortfall of £503,000.
John Butler and Andrew Nichols, both of Redman Nichols Butler, were appointed as joint liquidators of retailer Bedroom and Chair Centre Limited on 10 January 2025. Preferential creditor, the HMRC is owed £105,000, while unsecured creditors are owed £199,000. It is expected that creditors will suffer a shortfall of £301,000.
James Kaye and Nick Morgan, both of NTF Corporate Solutions Limited, were appointed as joint liquidators of kitchen furniture manufacturer Stuart Henry Kitchens Limited on 14 January 2025. Unsecured creditors are owed £57,000, including £15,000 owed as Bounce Back Loan. It is expected that creditors will suffer a shortfall of £49,000.
David Taylor and Paul Ellison, both of KRE Corporate Recovery Limited, were appointed as joint liquidators of kitchen furniture retailer Paul Alexander Luxury Kitchens Ltd on 16 January 2025. Preferential creditor, the HMRC is owed £19,000, while unsecured creditors are owed £249,000. It is expected that creditors will suffer a shortfall of £255,000.
Natalie Hughes, of Simply Corporate Limited, was appointed as liquidator of furniture retailer Cambridge Kitchens Limited, trading as Cambridge Kitchens & Bedrooms, on 17 January 2025. Preferential creditor, employee claims, are owed £21,000, while the HMRC is owed £305,000. Unsecured creditors are owed £1m, including a further £216,000 owed to staff. It is expected that creditors will suffer a shortfall of £1.6m.
Marco Piacquadio and Alan Coleman, both of FTS Recovery Limited, were appointed as joint liquidators of furniture retailer The Kitchen Studio (GB) Limited, trading as The Kitchen & Bedroom Studio, on 23 January 2025. Preferential creditor, the HMRC is owed £124,000, while unsecured creditors are owed £239,000. It is expected that creditors will suffer a shortfall of £365,000.
Shane Biddlecombe and Matthew Hoy, both of TruSolv Ltd, were appointed as joint liquidators of flooring business Exclusive Carpets Ltd, trading as Iconic Flooring, on 20 January 2025. Preferential creditor, the HMRC is owed £11,000, while unsecured creditors are owed £63,000. It is expected that creditors will suffer a shortfall of £75,000.
Michael Magnay and Mark Firmin, both of Alvarez & Marsal Europe LLP, were appointed as joint administrators of office and shop furniture manufacturer Southerns Broadstock Limited on 20 January 2025. Preferential creditor, the HMRC, is owed £320,000, while unsecured creditors are owed a combined sum of £3.8m. Administrators said that at this stage it looks like creditors will suffer a shortfall of the entire amount owed.
James Everist and Andrew Cordon, both of CFS Restructuring LLP, were appointed as joint liquidators of kitchen furniture manufacturer Johnsmith Kitchens & Interiors Limited on 23 January 2025. Preferential creditor, employee claims, are owed £2,000, while the HMRC is owed £10,000. Unsecured creditors are owed £79,000, including a further £9,000 owed to staff. It is expected that creditors will suffer a shortfall of £89,000.