In the latest Insolvency Digest, creditors of 34 furnishing businesses entering liquidation or administration are expected to suffer a combined shortfall of £9.1m.

Andrew Pear and Richard Keley, both of Moorfields, were appointed as joint liquidators of furniture manufacturer and design specialists Atoll Design Limited on 31 October 2023. The business owed preferential creditor, the HMRC, £83,500, which are expected to be repaid in part from realised assets valuing £28,800. Unsecured creditor claims totalled £100,000, with £49,000 owed to a Bounce Back Loan following the Covid pandemic. It is expected that creditors will suffer a shortfall of £154,000.

Emma Dowd and Fiona Grant, both of Wilson Field Limited, were appointed as joint liquidators of furnishings wholesaler Shop Display Solutions Limited on 26 October 2023. The business owed unsecured creditors £88,000, with £73,000 owed to CCI Credit Management. It is expected that creditors will suffer a shortfall of the entire amount.

Craig Ridgley, of Mercian Advisory Limited, was appointed as liquidator of online furniture retailer Stone Butterfly Limited on 27 October 2023. The business owed unsecured creditors £116,500, with over £70,000 owed to Barclays. Realised assets valued £6,600. It is expected that creditors will suffer a shortfall of £110,000.

Neil Gibson, of GIA Insolvency Limited, was appointed as liquidator of furniture retailer Mode Living Limited on 30 October 2023. The business owed preferential creditors, employees and the HMRC, £7,500 and £37,000 respectively, while unsecured creditor claims totalled £244,000. It is expected that creditors will suffer a shortfall of £289,000.

Phil Clark and Dave Clark, both of Clark Business Recovery Limited, were appointed as joint liquidators of carpet business Andys Carpets Ltd on 30 October 2023. The business owed preferential creditor, the HMRC, £20,000, while unsecured creditor claims totalled £34,000, with a further £12,000 owed to the taxman. It is expected that creditors will suffer a shortfall of £54,000.

Allan Cadman and Peter Anderson, both of Xeinadin Corporate Recovery Limited, were appointed as joint liquidators of furniture business GB Furniture Ltd, trading as Prem Tech, on 16 October 2023. The business owed unsecured creditors £80,000, with over £48,000 owed to Funding Circle and £9,600 owed to Lloyds Bank. Realised assets valued £19,600. It is expected that creditors will suffer a shortfall of £57,000.

Alan Clark, of Carter Clark, was appointed as liquidator of furniture repair business Bespoke Sofas and Interiors Ltd on 2 November 2023. The business owed unsecured creditors £49,000, with £33,000 owed to NatWest Bank. It is expected that creditors will suffer a shortfall of the entire amount.

John Lowe and Nathan Jones, both of FRP Advisory Trading Limited, were appointed as joint liquidators of office furniture manufacturer C S Godney Limited on 26 October 2023. The business owed preferential creditor employee claims over £11,000, which are expected to be repaid from realised assets valuing £15,000. The HMRC is also owed £34,000, while unsecured creditor claims totalled £208,000, with almost £30,000 owed to a Bounce Back Loan following the Covid pandemic. It is expected that creditors will suffer a shortfall of £240,000.

Mansoor Mubarik, of Capital Books (UK) Limited, was appointed as liquidator of bespoke furniture manufacturer GS International Project Ltd, trading as Aristo Doors, on 23 October 2023. The business owed preferential creditor, the HMRC, £4,100, while unsecured creditor claims totalled £48,000, with £30,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £53,000.

Stephen Penn, of Absolute Recovery Limited, was appointed as liquidator of fitted furniture business ICM Interiors Ltd, trading as Crafted Cabinetry, on 1 November 2023. The business owed preferential creditor, the HMRC, £19,600, while unsecured creditor claims totalled £151,000, with £36,000 owed to NatWest Bank. It is expected that creditors will suffer a shortfall of £171,000.

Martyn Ewing and Henry Anthony Shinners, both of Evelyn Partners LLP, were appointed as joint liquidators of office furniture manufacturer Century Office Equipment (Essex) Limited on 1 November 2023. The business owed preferential creditor, the HMRC, £50,700, which is expected to be repaid in full from realised assets valuing £67,000. Unsecured creditor claims totalled £362,000, with £245,000 owed to Funding Circle. It is expected that creditors will suffer a shortfall of £349,000.

Neil Money, of CBA Business Solutions, was appointed as liquidator of furniture manufacturer Blue Claret Limited on 6 November 2023. The business owed preferential creditor, the HMRC, £119,100, while unsecured creditor claims totalled £747,000, with a further £26,000 owed to the taxman. Employees are owed £87,000m, while £109,000 is owed to finance company White Oak. It is expected that creditors will suffer a shortfall of £862,000.

Lauren Cullen, of Cullen & Co UK Limited, was appointed as liquidator of furniture retailer Maynes Electrics Ltd, trading as Light & Shade, on 2 November 2023. The business owed preferential creditor, the HMRC, £3,200, which is expected to be repaid from realised assets valuing £4,800. Unsecured creditor claims totalled £88,000, with over £60,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £87,000.

Christopher Herron and Nicola Fisher, both of Herron Fisher, were appointed as joint liquidators of furniture repair business Homerswood Reclaim Ltd on 23 October 2023. The business owed preferential creditor, the HMRC, £8,200, which is expected to be repaid from realised assets valuing £11,100. Unsecured creditor claims totalled £51,000, with £22,000 owed to Lloyds Bank. It is expected that creditors will suffer a shortfall of £49,000.

Gerald Irwin, of Irwin Insolvency, was appointed as liquidator of second-hand furniture retailer Factory Seconds (Stoke) Limited on 3 November 2023. The business owed preferential creditor, the HMRC, £3,600, which is expected to be repaid from realised assets valuing £6,000. Unsecured creditor claims totalled £53,000, with £27,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £53,000.

David Robson, of Gaines Robson Insolvency Ltd, was appointed as liquidator of furnishing textiles business Treymaine Limited, trading as Chiltern Mills, on 6 November 2023. The business owed preferential creditor, the HMRC, £159,200, while unsecured creditor claims totalled £903,000, with £385,000 owed to the Redundancy Payments Service. Other creditors included three landlords, Avison Young (owed £135,000), Conn Securities (owed £60,000) and Knight Frank (owed £45,000). It is expected that creditors will suffer a shortfall of £1m.

Kenneth Pattullo and Paul Stanley, both of Begbies Traynor (Central) LLP, were appointed as joint administrators of lighting business Pagazzi Lighting Limited on 29 September 2023. The business owed preferential creditor employee claims £20,000, which are expected to be repaid from realised assets valuing £136,000. The HMRC is also owed £205,000, while unsecured creditor claims totalled £635,000, which includes debts to connected companies of around £180,000. Barclays Bank is also owed £27,500 and Market Finance is owed £127,000. It is expected that creditors will suffer a shortfall of £1.1m.

Christopher Brooksbank, of CB Business Recovery, was appointed as liquidator of online furniture retailer On Trend Group Ltd on 8 November 2023. The business owed preferential creditor, the HMRC, £2,100, while unsecured creditor claims totalled £64,000, with £50,000 owed to Starling Bank. It is expected that creditors will suffer a shortfall of £66,600.

Richard Simms, of FA Simms & Partners Limited, was appointed as liquidator of kitchen furniture retailer The Clarendon Kitchen Company Limited on 1 November 2023. The business owed preferential creditor employee claims £5,000, while the HMRC is also owed £25,000. As for unsecured creditor claims, these totalled £243,000, which included £49,000 owed to Capital on Tap and £39,000 owed to Funding Circle. It is expected that creditors will suffer a shortfall of £273,000.

Adam Jordan and Nickolas Rimes, both of Rimes & Co, were appointed as joint liquidators of supply and installation of fitted bedroom furniture business Essential Fitting Limited on 8 November 2023. The business owed preferential creditor, the HMRC, £57,000, while unsecured creditor claims totalled £51,000, with £30,000 owed to Barclays Bank. It is expected that creditors will suffer a shortfall of £106,000.

Nicholas Stafford and Peter Frost, both of Hazlewoods LLP, were appointed as joint liquidators of furniture business Severn Furnishing Limited on 6 November 2023. The business owed preferential creditor, the HMRC, £2,700, which is expected to be repaid from realised assets valuing £8,700, while unsecured creditor claims totalled £32,900. It is expected that creditors will suffer a shortfall of £27,500.

Simon Weir, of DSi Business Recovery, was appointed as liquidator of furniture retailer For The Home Limited on 24 October 2023. The business owed preferential creditor, the HMRC, £154,000, while unsecured creditor claims totalled £330,000. It is expected that creditors will suffer a shortfall of £449,000.

Lawrence King and Matthew Waghorn, both of Antony Batty & Co, were appointed as joint liquidators of furniture manufacturer OI Interiors Oxford Ltd, trading as Oxford Upholstery, on 27 October 2023. The business owed preferential creditor, the HMRC, £63,800, while unsecured creditor claims totalled £102,000. These included £37,000 owed to Barclays Bank and £29,000 owed to The Oxford School of Upholstery. It is expected that creditors will suffer a shortfall of £165,500.

Kenneth Pattullo and Kenneth Craig, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture business KTW Distribution LTD on 3 November 2023. The business owed preferential creditor employee claims £10,000, while the HMRC is also owed £7,500. As for unsecured creditor claims, these totalled £43,000, which included £34,000 owed to Lloyds Bank. It is expected that creditors will suffer a shortfall of £56,000.

Michael Durkan, of Durkan Cahill, was appointed as liquidator of furniture retailer W.S. Furnishings Limited on 14 November 2023. The business owed preferential creditor, the HMRC, £5,000, which is expected to be repaid from realised assets valuing £10,800, while unsecured creditor claims totalled £116,000. These included claims of £32,000 owed to Santander Bank and £44,000 in a director’s loan. It is expected that creditors will suffer a shortfall of £110,000.

Ian Royle and David Broadbent, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of contract furniture business Universal Contract Furniture Limited on 9 November 2023. The business owed unsecured creditor NatWest Bounce Back Loan a total of £49,000 and is expected to suffer a shortfall of the entire amount.

Simon Weir, of DSi Business Recovery, was appointed as liquidator of furniture manufacturer Lusso Upholstery Ltd on 8 November 2023. The business owed preferential creditor, the HMRC, £7,600, while unsecured creditor claims totalled £72,000. These included claims of £16,000 owed to British Gas and £11,000 owed to Kirklees Council. It is expected that creditors will suffer a shortfall of £73,000.

John Lowe and Nathan Jones, both of FRP Advisory Trading Limited, were appointed as joint liquidators of furniture manufacturer JPL Upholstery Ltd on 9 November 2023. The business owed preferential creditor employee claims £18,000, which is expected to be repaid from realised assets valuing £94,000, while the HMRC is also owed £109,400. As for unsecured creditor claims, these totalled £245,000, which included £50,000 owed to a director’s loan. It is expected that creditors will suffer a shortfall of £278,000.

Andrew Ryder, of JT Maxwell Ltd, was appointed as liquidator of furniture manufacturer SolidwoodshopUK Ltd on 15 November 2023. The business owed preferential creditor, the HMRC, £80,000, while unsecured creditor claims totalled £16,800. It is expected that creditors will suffer a shortfall of £96,000.

Gareth Prince and Mark Malone, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture retailer TheAllThingsFurnitureCo Ltd on 15 November 2023. The business owed preferential creditor employee claims £3,800, which is expected to be repaid in part from realised assets valuing £2,300, while the HMRC is also owed £1,200. As for unsecured creditor claims, these totalled £236,000, which included £171,000 owed to Funding Circle and £35,000 owed to YouLend. It is expected that creditors will suffer a shortfall of £239,000.

Katrina Orum and Huw Powell, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture manufacturer Ministry of Furniture Ltd on 14 November 2023. The business owed preferential creditor employee claims £46,000, which is expected to be repaid from realised assets valuing £263,000, while NatWest Bank is also owed £227,000 and is set to recoup some of that figure. As for unsecured creditor claims, these totalled £1.8m, which included £30,000 owed to consumer deposits and £260,000 owed to Funding Circle. It is expected that creditors will suffer a shortfall of £1.8m.

Debi Harvey, of Harveys Insolvency & Turnaround Limited, was appointed as liquidator of bespoke furniture maker Stevana Limited on 20 November 2023. The business owed preferential creditor employee claims £3,200, which is expected to be repaid from realised assets valuing £18,200, while the HMRC is also owed £30,000. As for unsecured creditor claims, these totalled £190,000, which included £89,000 owed to a director’s loan and £16,000 to NatWest Bank in a Bounce Back Scheme. It is expected that creditors will suffer a shortfall of £430,000.

Gerald Irwin, of Irwin Insolvency, was appointed as liquidator of carpet retailer Majestic Carpets & Flooring Limited on 17 November 2023. The business owed unsecured creditors £101,000, which included £34,000 owed to NatWest Bank in a Bounce Back Loan as well as £66,000 owed to a director’s loan. It is expected that creditors will suffer a shortfall of £100,000.

Nicholas Stratten and Simon Gwinnutt, both of Greenfield Recovery Limited, were appointed as joint liquidators of carpet retailer Carpet Planets & Beds Ltd, trading as carpet planet & flooring, on 20 November 2023. The business owed preferential creditor, the HMRC, £23,800, while unsecured creditor claims totalled £77,000. These included claims of £33,000 owed to Lloyds Bank and £10,000 owed to YouLend. It is expected that creditors will suffer a shortfall of £86,000.