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Contract and hotel furniture maker YTM Group has ceased trading after being placed into administration. All 117 employees have been made redundant.
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First Furnishings, a Scotland based supplier of furniture, flooring and furnishings packages to housing associations and letting agents, has ceased trading with the loss of nearly 60 jobs.
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Hitchin retailer closed earlier this summer.
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Logistics company Canute Group has completed an insolvent restructure after assets were sold to a newco under common control, according to trade journal Motor Transport.
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The director and shareholder of the company behind the Oak Furniture Solutions business bought back the retailer's stock a month after it was placed into administration.
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The management of West Yorkshire furniture manufacturer British Thornton ESF have completed a prepack buyout, securing the business' future.
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Hardwood Dimensions (Holdings), a timber supplier, has been fined for breaching regulations prohibiting the importing and sale of illegally harvested timber.
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The company behind the Canterbury Furniture online pureplay brand ceased trading last month and has been placed into liquidation.
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Furniture retailer Lombok has become the first business to be fined for breaching regulations introduced in 2013 to prohibit the import and sale of illegally harvested timber.
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Sole director of the business owed nearly half of the total amount outstanding
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A decision to import more pre-finished cabinet furniture from China and delays agreeing trade finance contributed to the failure of furniture distributor Charltons, according to a new report.
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The sole director of kids furniture retailer Belle Maison Direct has been disqualified from running other companies for six years after squirrelling away a six-figure sum to avoid paying taxes.
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OUTDOOR furniture supplier, whose products sold through Amazon and WorldStores and major supermarkets, liquidated through Begbies Traynor.
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THE NORTH East furniture chain trading as Beautiful Homes has restructured for a second time in eight months and is expected to rebrand as FDS.
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DEAL rescues East Midlands business behind Lee Colourplan Pattern Book Makers.
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LIQUIDATORS will this week be appointed at two-store Northern Ireland furniture retailer Smiths Furniture, which has already ceased trading and closed its two stores.
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RETAILER filed notice of intent to appoint administrators earlier this year
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A NEW report into the prepack sale of WorldStores to Dunelm has revealed the amount of cash lost by prior investors in the ecommerce group.
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HERITAGE sofa maker Collins and Hayes has secured its near-term future after creditors backed a Company Voluntary Arrangement (CVA).
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THE CLOSURE of occasional furniture maker Fuda International Trading will see creditors miss out on £3.5 million according to statutory filings.
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- LEGAL & RESTRUCTURING |
A LANCASHIRE textiles group that manufactures and wholesales bedding and soft furnishings has been sold out of administration, saving over 100 jobs.
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OFFICE furniture company GGI recorded cumulative losses north of £3.3 million in past four reported years
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FURNITURE and furnishings companies entering insolvency in the past seven days
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- LEGAL & RESTRUCTURING |
CREDITORS are owed almost £4 million by the now-closed furniture retailer Wallace Sacks, with a sizeable chunk of that consumer deposits and prepayments.
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RESTRUCTURE via planned administration expedites move to import-only business model for Nathan Furniture and Sutcliffe brands
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FURNITURE retailer Wallace Sacks has left a “very large volume of unfulfilled orders” according to the insolvency practitioner overseeing the fallout from its closure.
