Furniture supplier David Phillips Furniture has entered administration, while its rental division continues to trade as administrators explore a sale of assets.
Sam Birchall and Howard Smith of Interpath were appointed as Joint Administrators to David Phillips Furniture Group on 15 July 2025.
Founded in 1998, David Phillips Furniture Group has grown to become a leading provider of furniture solutions to the UK’s residential property and build-to-rent sectors. Headquartered in London, the Group is well-regarded for its high-quality, tailored furnishing packages and end-to-end service offering, serving property professionals, developers, and institutional landlords nationwide.
Financial performance across the Group in the last year has been hampered by margin pressures and the wider downturn in the construction sector. Despite efforts by management to improve operational efficiency and strengthen cashflow, the business continued to face mounting financial pressure.
To explore potential avenues for recovery, the directors engaged advisors to undertake an accelerated options process, including efforts to secure a sale or refinancing. Unfortunately, with no viable solvent options available, the directors made the difficult decision to seek the appointment of administrators.
Following the appointment, the Group’s main trading operations have ceased, and, regrettably, the majority of the Company’s 134 employees have been made redundant. The remaining staff have been retained to assist the Joint Administrators in their duties. The Joint Administrators are offering full support to those affected, including assistance with claims to the Redundancy Payments Service.
The furniture rental division of the business continues to trade while the Joint Administrators explore all available options for the sale of the wider business and its assets, including the David Phillips brand.
Sam Birchall, Managing Director at Interpath and Joint Administrator of David Phillips Furniture Group, said: “David Phillips has been a trusted name in the property furnishings market for over 25 years, known for its quality, service and scale. We are now seeking buyers for the business and its assets and encourage interested parties to get in touch as soon as possible.”
Howard Smith, Managing Director at Interpath and Joint Administrator of David Phillips Furniture Group, added: “Like many businesses in the sector, David Phillips has faced significant macroeconomic and industry-specific challenges in recent times. Our priority now is to support affected employees and stakeholders, while pursuing a sale of the business or its assets.”
