Online furniture retailer Furneo has entered administration.
Deviesh Raikundalia, of Hall Chadwick (UK) Limited, was appointed as administrator of Furneo Limited on 27 July 2026.
The business, which has been established since 2018, operated from its base at Watermill Industrial Estate in Buntingford.
It is understood that remaining stock is to be auctioned through John Pye, with a short notice stating: “For any stock expressions of interest or enquires please email furneo@johnpye.com.”
Detailed in Furneo’s most recent filed accounts for the year ended 30 June 2025, the business saw profit decline from £205,000 to £157,000.
A statement on the appointment said: “The affairs, business and property of the Company is being managed by the Administrator who act as agent for the Company without personal liability.”
