Creditors of 33 furnishing businesses owed over £20m

In the latest Insolvency Digest, creditors of 33 furnishing businesses entering liquidation or administration are expected to suffer a combined shortfall of £23.3m.

Christopher Brooksbank, of CB Business Recovery Ltd, was appointed liquidator of bedding business Moontex Bedding Company Ltd on 23 January 2025. Preferential creditor, the HMRC is owed £40,000, while unsecured creditors are owed £287,000, including £37,000 owed to the Royal Bank of Scotland. It is expected that creditors will suffer a shortfall of £327,000.

Simon Weir, of DSi Business Recovery, was appointed as liquidator of furniture retailer S&S International(UK) Ltd on27 January 2025. Unsecured creditors are owed £484,000, including £303,000 owed to banks and £93,000 owed to directors. It is expected that creditors will suffer a shortfall of £484,000.

Dean Smith, of Revolution RTI Limited, was appointed as liquidator of furniture manufacturer Sense of Place Cornwall Ltd on 30 January 2025. Unsecured creditors are owed £37,000 and are expected to suffer a shortfall of the entire amount.

Martin Buttriss and Thomas Harris, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture manufacturer The Wood Works of London Limited on 30 January 2025. Preferential creditor, employee claims are owed £14,000, while the HMRC is owed £227,000. Unsecured creditors are owed £1.7m, including £1m owed to 59 combined consumer claims. It is expected that creditors will suffer a shortfall of £1.9m.

Danielle Shore and Stephen Beverley, both of Leonard Curtis, were appointed as joint liquidators of soft furnishings manufacturer Penrose Products Ltd on 29 January 2025. Preferential creditor, the HMRC is owed £26,000, while unsecured creditors are owed £293,000, including £43,000 owed to employees. It is expected that creditors will suffer a shortfall of £338,000.

Michael Howorth, of Aurora Equity and Development Limited, was appointed as liquidator of mattress manufacturer Janan Sleep Ltd on 30 January 2025. Preferential creditor, the HMRC is owed £8,300, while unsecured creditors are owed £27,000, including £17,000 owed to banks. It is expected that creditors will suffer a shortfall of £35,000.

Andrew Ryder, of JT Maxwell Ltd, was appointed as liquidator of kitchen furniture retailer Vama Kitchens Limited on 31 January 2025. Preferential creditor, the HMRC is owed £61,000, while unsecured creditors are owed £156,000, including £63,000 owed to banks. It is expected that creditors will suffer a shortfall of £204,000.

Richard Williamson and Christopher Brindle, both of Campbell, Crossley & Davis, were appointed as joint liquidators of furniture manufacturer Taylormade Furniture Limited on 30 January 2025. Preferential creditor, the HMRC is owed £30,000, while unsecured creditors are owed £50,000, including £31,000 owed to employees. It is expected that creditors will suffer a shortfall of £98,000.

David Farmer and Lloyd Biscoe, both of Birchwood Bond, were appointed as joint liquidators of furniture manufacturer Cardel Grant Limited on 30 January 2025. Preferential creditor, the HMRC is owed £6,000, while unsecured creditors are owed £64,000, including £21,000 owed to banks. It is expected that creditors will suffer a shortfall of £71,000.

Natalie Hughes, of Simply Corporate Limited, was appointed as liquidator of fitted furniture installation business Oryx – Office & Fitted Furniture Installations Ltd on 30 January 2025. Preferential creditor, the HMRC is owed £227,000, while unsecured creditors are owed £227,000, including £35,000 owed to banks. It is expected that creditors will suffer a shortfall of £450,000.

Andrew Shackleton, of Smart Insolvency Solutions Ltd, was appointed as liquidator of carpet retailer Just In2 Carpets and Rugs Ltd on 30 January 2025. Preferential creditor, the HMRC is owed £1,800, while unsecured creditors are owed £6,800. It is expected that creditors will suffer a shortfall of £6,600.

Henry Page and Dominic Dumville, both of Mercer & Hole, were appointed as joint liquidators of office and shop furniture manufacturer The Footstool Company Limited, trading as Cube Company and Cube Spaces, on 29 January 2025. Preferential creditor, employee claims are owed £5,000, while the HMRC is owed £18,000. Unsecured creditors are owed £120,000, including a further £48,000 owed to employees. It is expected that creditors will suffer a shortfall of £138,000.

Wayne MacPherson and Louise Baxter, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of kitchen and bedroom furniture business Pro-Fit KBB Limited, trading as Essex Kitchens & Bedrooms, on 6 February 2025. Unsecured creditors are owed £27,000, including £25,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £28,000.

Gareth Lewis and Matthew Russell, both of Lewis Business Recovery & Insolvency, were appointed as joint liquidators of furniture manufacturer Relaxaco Sleigh Beds Ltd on 10 February 2025. Preferential creditor, the HMRC is owed £40,000, while unsecured creditors are owed £75,000, including £39,000 owed to banks. It is expected that creditors will suffer a shortfall of £106,000.

Christopher Herron and Nicola Fisher, both of Herron Fisher, were appointed as joint liquidators of lighting business DKI Litehouse Ltd on 6 February 2025. Preferential creditor, employee claims are owed £4,800, while the HMRC is owed £22,000. Unsecured creditors are owed £99,000, including a further £17,000 owed to one employee. It is expected that creditors will suffer a shortfall of £131,000.

Rikki Burton, of Anderson Brookes Insolvency Practitioners Limited, was appointed as liquidator of carpet business Valley Carpets Limited on 10 February 2025. Preferential creditor, employee claims are owed £4,000, while the HMRC is owed £11,000. Unsecured creditors are owed £68,000, including a further £7,000 owed to employees. It is expected that creditors will suffer a shortfall of £78,000.

Michael Solomons and Andrew Pear, both of Moorfields, were appointed as joint liquidators of furnishings business Wallpaper Printworks Limited, trading as Beauchamp Wallpaper Printworks Ltd, on 12 February 2025. Preferential creditor, the HMRC is owed £3,600, while unsecured creditors are owed £65,000, including a further £24,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £68,000.

Julie Palmer and Andrew Hook, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of fitted furniture supplier Tidy Bedrooms Limited on 11 February 2025. Preferential creditor, employee claims are owed £7,500, while the HMRC is owed £6,000. Unsecured creditors are owed £131,000, including £50,000 owed to banks. It is expected that creditors will suffer a shortfall of £145,000.

Richard Hunt, of SFP Restructuring Limited, was appointed as liquidator of furniture business A1 Spaces Ltd on 10 February 2025. Unsecured creditors are owed £59,000, all of which is owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £60,000.

Jamie Playford, of LEADING, was appointed as liquidator of carpet retailer The Ripley Carpet Company Ltd on 12 February 2025. Preferential creditor, the HMRC is owed £37,000, while unsecured creditors are owed £49,000. It is expected that creditors will suffer a shortfall of £83,000.

Angela Canning, of Small Business Rescue Ltd, was appointed as liquidator of logistics business The SS Group Limited on 18 February 2025. Preferential creditor, the HMRC is owed £24,600, while unsecured creditors are owed £33,000. It is expected that creditors will suffer a shortfall of £58,000.

Daniel Ormerod and Lauren Fitton, both of Leonard Curtis, were appointed as joint liquidators of soft furnishings manufacturer PH Blinds & Curtains Limited on 18 February 2025. The Bank of Scotland is owed £46,000 and preferential creditor, employee claims are owed £6,000, while unsecured creditors are owed £125,000, including a further £63,000 owed to staff. It is expected that creditors will suffer a shortfall of £171,000.

Andrew Fender and Sandra Fender, both of Sanderlings LLP, were appointed as joint liquidators of furniture manufacturer Bostin Hairpins Ltd on 18 February 2025. Preferential creditor, the HMRC is owed £20,600, while unsecured creditors are owed £13,000, which is owed as Bounce Back Loan. It is expected that creditors will suffer a shortfall of £32,000.

Steve Kenny and Richard Cole, both of KBL Advisory Limited, were appointed as joint liquidators of furniture wholesaler Ward Gregory Limited on 19 February 2025. Preferential creditor, the HMRC is owed £291,000, while unsecured creditors are owed £10,000. It is expected that creditors will suffer a shortfall of £282,000.

Richard Hunt, of SFP Group, was appointed as liquidator of wholesaler Cowthorpe Oak Furniture Ltd on 21 February 2025. Preferential creditor, the HMRC is owed £51,000, while unsecured creditors are owed £105,000. It is expected that creditors will suffer a shortfall of £156,000.

Julian Pitts and Richard Kenworthy, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture retailer Elizabeth Mills Furnishing Centre Limited, trading as Abitare – and formerly as Elizabeth Mills Furnishings, on 25 February 2025. Preferential creditor, employee claims are owed £4,600, while the HMRC is owed £94,000. Unsecured creditors are owed £340,000, including £200,000 owed to a former director’s loan. It is expected that creditors will suffer a shortfall of £439,000.

Paul Stanley and Mark Weekes, both of Begbies Traynor (Central) LLP, were appointed as joint administrators of interior designer and furniture specialist Hart Miller Design Ltd on 30 December 2024. Secured creditor CIOSIF is owed £172,000, while preferential creditors, the HMRC and employee arrears are owed respective sums of £23,000 and £15,000. As for unsecured creditors, these are owed a combined sum of £544,000, with £200,000 owed to Bisley, £13,000 owed to consumers and £123,000 owed in relation to a contingency for its showroom lease. It is expected that creditors will suffer a total shortfall of £754,000.

William Batty, of Antony Batty & Company LLP, was appointed as liquidator of furniture retailer The Sofa & Chair Co. Limited on 13 February 2025. Preferential creditor, the HMRC is owed £2.3m, while unsecured creditors are owed £10.9m, which includes a further sum of over £3m owed to the HMRC and £211,000 in customer repayments. It is expected that creditors will suffer a shortfall of £15.6m.

Nicola Meadows and Mark Newton, of AABRS Limited, were appointed as joint liquidators of lighting wholesaler Avivo Lighting Ltd on 26 February 2025. Preferential creditor, employee claims are owed £2,700, while the HMRC is owed £900. Unsecured creditors are owed £211,000, including £44,000 owed to HSBC Bank. It is expected that creditors will suffer a shortfall of £214,000.

Paul George and Kate Cutler, both of Business Helpline Group, were appointed as joint liquidators of furniture manufacturer Blue Island Home Ltd on 24 February 2025. Preferential creditor, employee claims are owed £3,900, while the HMRC is owed £5,000. Unsecured creditors are owed £80,000, including £39,000 owed to banks. It is expected that creditors will suffer a shortfall of £78,000.

Jamie Playford, of LEADING, was appointed liquidator of furniture maker Deskbed Limited 26 February 2025. Unsecured creditor Barclays Bank is owed £16,000 and is expected to suffer a shortfall of the full amount.

Thomas Fox, of Umbrella Accountants LLP, was appointed as liquidator of furniture manufacturer Falcon Fitted Furniture Limited on 27 February 2025. Preferential creditor, the HMRC is owed £100,000, while unsecured creditors are owed £234,000, including £36,000 owed to banks. It is expected that creditors will suffer a shortfall of £334,000.

Andrew Knowles and Daniel Ormerod, both of Leonard Curtis, were appointed as joint liquidators of furniture retailer TheStore Limited, trading as ‘A Place for Everything’, ‘STORE’ & ‘Forvara’, on 28 February 2025. Preferential creditor, employee claims are owed £28,000, while the HMRC is owed £69,000. Unsecured creditors are owed £475,000, including a further £108,000 owed to employees. It is expected that creditors will suffer a shortfall of £510,000.

Save this article for later

You can revisit this article if you save it as favourite news!

Leave a Comment

MORE ARTICLES