In the latest Insolvency Digest, creditors of 37 furnishing businesses entering liquidation or administration are expected to suffer a combined shortfall of £14.7m.
Mike Dillon and Hilary Pascoe, both of Leonard Curtis, were appointed as joint administrators of carpet retailer M6 Carpets Haydock Limited on 28 January 2025. Preferential creditor, the HMRC is owed £4,000, while unsecured creditors are owed £159,000, including £49,000 owed to employees. It is expected that creditors will suffer a shortfall of £115,000.
John Bell and Toyah Poole, both of Clarke Bell Limited, were appointed as joint liquidators of furniture business M A Platts Online Ltd on 21 February 2025. Preferential creditor, the HMRC is owed £644,000, while unsecured creditors are owed £238,000, including £2,400 owed to consumers. It is expected that creditors will suffer a shortfall of £883,000.
Jessica Thomas and Philippa Smith, of Smith & Barnes Insolvency Practitioners Ltd, were appointed as joint liquidators of carpet retailer JDS Flooring Ltd 27 February 2025. Preferential creditor, the HMRC is owed £32,000, while unsecured creditors are owed £275. It is expected that creditors will suffer a shortfall of £32,000.
Lloyd Biscoe and David Farmer, both of Birchwood Bond, were appointed as joint liquidators of bed retailer Bedz4zzzz Limited on 27 February 2025. Preferential creditor, the HMRC is owed £11,000, while unsecured creditors are owed £69,000, including £34,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £74,000.
Neil Money, of CBA Business Solutions, was appointed as liquidator of upholstery manufacturer Bright Weave Limited on 28 February 2025. Preferential creditor, the HMRC is owed £49,000, while unsecured creditors are owed £69,000, including £32,000 owed to banks. It is expected that creditors will suffer a shortfall of £119,000.
Alan Simon, of Expedium Limited, was appointed as liquidator of flooring retailer M.G. Asbury Flooring Centre Co. Limited on 28 February 2025. Preferential creditor, employee claims are owed £7,600, while unsecured creditors are owed £263,000, including a further £74,000 owed to employees. It is expected that creditors will suffer a shortfall of £258,000.
Richard Hunt, of Warehouse W, was appointed as liquidator of carpet retailer Carpet Factory Frome Limited on 3 March 2025. Preferential creditor, the HMRC is owed £7,000, while unsecured creditors are owed £93,000, including £11,000 owed to banks. It is expected that creditors will suffer a shortfall of £100,000.
Paul George and Kate Cutler, both of Business Helpline Group Limited, were appointed as joint liquidators of carpet retailer Flooring & Ceramics Limited on 6 March 2025. Unsecured creditors are owed £65,000, including £32,000 owed to employees. It is expected that creditors will suffer a shortfall of £50,000.
Jamie Playford, of LEADING, was appointed as liquidator of carpet and furnishings retailer Cutprice Furniture And Carpets Ltd on 12 March 2025. Preferential creditor, the HMRC is owed £245,000, while unsecured creditors are owed £153,000, including £54,000 owed to directors. It is expected that creditors will suffer a shortfall of £399,000.
Brendan Hogan, of Cromwell & Co Insolvency Practitioners, was appointed as liquidator of bespoke furniture, kitchens & bedrooms business Pine Workshop Limited, trading as Oakwood Furnishings, on 13 March 2025. Unsecured creditors are owed £46,000, including £24,000 owed to Lloyds Bank. It is expected that creditors will suffer a shortfall of the entire amount.
Rikki Burton, of Anderson Brookes Insolvency Practitioners Limited, was appointed as liquidator of furniture manufacturer Levitas Design Limited on 17 March 2025. Unsecured creditors are owed £228,000, including £34,000 owed to banks. It is expected that creditors will suffer a shortfall of £225,000.
Peter Herberts and Paul Mallatratt, both of Abbey Taylor Jones Limited, were appointed as joint liquidators of sofa business Sofa Expert Ltd on 11 March 2025. Preferential creditor, the HMRC is owed £186,000, while unsecured creditors are owed £1m, including £604,000 owed to a director. It is expected that creditors will suffer a shortfall of £1.2m.
Richard Hunt, of Warehouse W, was appointed as liquidator of furnishings retailer Blackheath Kitchens Limited on 13 March 2025. Preferential creditor, the HMRC is owed £3,000, while unsecured creditors are owed £29,000, including £12,000 owed to banks. It is expected that creditors will suffer a shortfall of £32,000.
Marco Piacquadio and Alan Coleman, of FTS Recovery, were appointed as joint administrators of soft furnishings retailer Rectella Limited, trading as Julian Charles, on 7 March 2025. The HMRC is owed £1.5m as a preferential creditor. Regarding unsecured creditors, total combined claims reached over £2m, with creditors expected to suffer a shortfall of £3.4m.
Brian Hegarty, of HCA Business Recovery Limited, was appointed as liquidator of fit out firm Thos. W. McDonagh Ltd on 19 March 2025. Preferential creditor, the HMRC is owed £196,000, which is expected to be repaid from realised assets valuing £242,000. Unsecured creditors are owed £1.1m and are expected to suffer a shortfall of the entire amount.
James Stares, of Antony Batty & Company LLP, was appointed as liquidator of kitchen furniture retailer Raynsford (Lymington) Limited and manufacturer Raynsford Joinery Limited on 14 March 2025. Preferential creditor of both companies, the HMRC is owed over £100,000, while unsecured creditors are owed a combined figure of £372,000 – the majority of £289,000 from the joinery business made up as an intercompany loan. It is expected that creditors from both businesses will suffer a combined shortfall of £471,000.
John Bell and Toyah Poole, both of Clarke Bell Limited, were appointed as liquidators of textiles retailer G&D Curtain Décor Ltd on 17 March 2025. Preferential creditor, the HMRC is owed £41,000, while unsecured creditors are owed £46,500, including £40,000 owed to NatWest Bank. It is expected that creditors will suffer a shortfall of £87,000.
Carolynn Best and Martin Buttriss, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of wholesale business Little Tulip Shop Ltd on 19 March 2025. Preferential creditor, the HMRC is owed £31,000, while unsecured creditors are owed £533,000, including £120,000 owed to consumers. It is expected that creditors will suffer a shortfall of £560,000.
Richard Williamson and Christopher Brindle, both of Campbell, were appointed as joint liquidators of kitchen business Priory Kitchen Studio Limited on 20 March 2025. Preferential creditor, the HMRC is owed £12,000, while unsecured creditors are owed £111,000, including £30,000 owed to banks. It is expected that creditors will suffer a shortfall of £125,000.
Steven Illes and Georgina Eason, of MHA, were appointed as joint liquidators of office furniture wholesaler D S Office Interiors Limited on 24 March 2025. Preferential creditor, the HMRC is owed £3,000, while unsecured creditors are owed £37,000, including a further £8,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £41,000.
Rehan Ahmed and Tauseef Rashid, both of Quantuma Advisory Limited, were appointed as joint liquidators of manufacturer Monarch Beds Ltd on 25 March 2025. Preferential creditor, the HMRC is owed £82,000, while unsecured creditors are owed £654,000. It is expected that creditors will suffer a shortfall of £710,000.
Kevin Weir, of Small Business Rescue Ltd, was appointed liquidator of mattress manufacturer and retailer Aviiator Limited on 25 March 2025. Preferential creditor, the HMRC is owed £390,000, while unsecured creditors are owed £755,000, including over £300,000 owed to banks and loans. It is expected that creditors will suffer a shortfall of £1.3m.
Nicola Baker, of Rushtons Insolvency Limited, was appointed as liquidator of upholstery business KL Upholstery Limited on 21 March 2025. Preferential creditor, the HMRC is owed £2,000, while unsecured creditors are owed £28,000, including £27,000 owed to banks. It is expected that creditors will suffer a shortfall of £18,000.
Alan Fallows and Allan Cadman, both of Xeinadin Corporate Recovery Limited, were appointed as joint liquidators of carpet retailer Empire Flooring Group Ltd on 27 March 2025. Unsecured creditors are owed a sum of £28,000, including £13,000 being owed to Santander Bank. It is expected creditors will suffer a shortfall of the entire amount.
Colin Wilson and Allister Manson, both of Opus Restructuring LLP, were appointed as joint administrators of furniture and accessories importer and wholesaler Geko Products Limited on 3 March 2025. Preferential creditor, the HMRC is owed £21,000, while unsecured creditors are owed a sum of £172,000. It is expected creditors will suffer a shortfall of £124,000.
Michelle Williams, of Bailams & Co, was appointed as liquidator of retailer DT Two Limited, trading as Dreamtime Beds and Bed Xpress, on 17 March 2025. Preferential creditor, employee claims are owed £7,000, while the HMRC is owed £18,000. Unsecured creditors are owed £243,000, including a further £84,000 owed to employees and £16,000 owed to consumers. It is expected that creditors will suffer a shortfall of £261,000.
Danny Allen, of 360 Insolvency Limited, was appointed as liquidator of furniture manufacturer C25 Furniture Limited on 27 March 2025. Unsecured creditors are owed £459,000, including £355,000 owed to the HMRC and £29,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £455,000.
Neil Bennett and Alex Cadwallader, both of Leonard Curtis, were appointed as joint liquidators of mattress manufacturer Foamtec Limited on 27 March 2025. Preferential creditor, employee claims are owed £3,000, while the HMRC is owed £41,000. Unsecured creditors are owed £129,000, including a further £70,000 owed to employees. It is expected that creditors will suffer a shortfall of £161,000.
John Lowe and Nathan Jones, both of FRP Advisory Trading Limited, were appointed as joint liquidators of soft furnishings manufacturer BPMS12 LIMITED on 27 March 2025. Preferential creditor, the HMRC is owed £117,000 and is expected to suffer a shortfall of the entire amount.
Simon Blakey, of Connect Insolvency Limited, was appointed as liquidator of kitchen furniture manufacturer Alexander Carrick Furniture Limited on 27 March 2025. Preferential creditor, employee claims are owed £9,000, while the HMRC is owed £37,000. Unsecured creditors are owed £273,000, including a further £62,000 owed to employees. It is expected that creditors will suffer a shortfall of £297,000.
Gareth Rusling and Philip Nunney, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of manufacturer of office and shop furniture Rothervalley Joinery Ltd on 11 March 2025. Preferential creditor, employee claims are owed £1,100, while the HMRC is owed £16,000. Unsecured creditors are owed £122,000, including a further £93,000 owed to employees. It is expected that creditors will suffer a shortfall of £128,000.
Adam Nakar, of WSM Marks Bloom LLP, was appointed as liquidator of high end furniture manufacturer RS Bespoke Cabinet Makers Ltd on 27 March 2025. Preferential creditor, employee claims are owed £13,800, while the HMRC is owed £54,000. Unsecured creditors are owed £134,000, including a further £42,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £196,000.
Nicholas Simmonds and David Meany, both of Quantuma Advisory Limited, were appointed as joint liquidators of furniture retailer EUROBRAZIL LIMITED on 1 April 2025. Preferential creditor, the HMRC is owed £89,000, while unsecured creditors are owed £54,000, including £31,000 owed to banks. It is expected that creditors will suffer a shortfall of £144,000.
Louise Williams and Gareth Wilcox, of Opus Restructuring LLP, were appointed as joint liquidators of kitchen furniture maker Taylormade Furniture (Midlands) Ltd on 1 April 2025. Preferential creditor, the HMRC is owed £385,000, while unsecured creditors are owed £954,000, including a further £460,000 owed to the HMRC. It is expected that creditors will suffer a shortfall of £1.3m.
Craig Johns and Jason Mark Elliott, of Cowgills Limited, were appointed as joint liquidators of furniture business Home Products Solutions Limited on 3 April 2025. Preferential creditor, the HMRC is owed £30,000, while unsecured creditors are owed £73,000, including £36,000 owed to banks. It is expected that creditors will suffer a shortfall of £102,000.
Phil Clark and Dave Clark, of Clark Business Recovery Limited, were appointed as joint liquidators of carpet retailer The Floor Design Studio Ltd on 3 April 2025. Preferential creditor, employee claims are owed £2,000, while the HMRC is owed £16,000. Unsecured creditors are owed £84,000, including £37,000 owed to banks. It is expected that creditors will suffer a shortfall of £102,000.
Douglas Pinteau and Richard Segal, of WSM Marks Bloom LLP, were appointed as joint liquidators of furniture retailer Michael Reeves Ltd on 3 April 2025. Unsecured creditors are owed £93,000 and are expected to suffer a shortfall of £87,000.