Creditors of 38 furnishing businesses owed £10m

In the latest Insolvency Digest, creditors of 38 furnishing businesses entering liquidation or administration are expected to suffer a combined shortfall of £10m.

Daniel Taylor, of Fortis Insolvency Limited, was appointed as liquidator of online retailer Brit Furnishings Limited on2 February 2024. The business owed preferential creditor, the HMRC, £8,000, while unsecured creditor claims totalled £23,000, with a further £19,000 owed to the taxman. It is expected that creditors will suffer a shortfall of £31,000.

Christopher Brooksbank, of CB Business Recovery, was appointed as liquidator of manufacturer of household furnishings A 2 Z Textiles Limited on 16 February 2024. The business owed preferential creditor employee claims almost £6,000, while the HMRC is also owed £5,000. As for unsecured creditor claims, these totalled £105,000. It is expected that creditors will suffer a shortfall of £110,000.

Lauren Auburn and Thomas Guthrie, both of BRI Business Recovery and Insolvency, were appointed as joint liquidators of furniture business Furniture First Limited on 26 January 2024. The business owed preferential creditor, the HMRC, £43,000, which is expected to be repaid in part from realised assets valuing £15,000. As for unsecured creditor claims, these totalled £104,000, with £55,000 owed to HSBC Bank. It is expected that creditors will suffer a shortfall of £132,000.

Stewart Bennett, of S T Bennett & Co, was appointed as liquidator of furniture wholesaler Tiermount Marketing Ltd on 23 February 2024. The business owed preferential creditor, the HMRC, £140,000, while unsecured creditor claims totalled £576,000, with £122,000 owed to a director’s loan. It is expected that creditors will suffer a shortfall of £836,000.

Robert Cooksey, of Bridgestones Limited, was appointed as liquidator of carpet retailer E A Ceramics Limited on 20 February 2024. The business owed preferential creditor, the HMRC, £33,000, which is expected to be repaid in part from realised assets valuing £25,000. As for unsecured creditor claims, these totalled £275,000, with £162,000 owed to employees. It is expected that creditors will suffer a shortfall of £319,000.

Farheen Qureshi, of Parker Getty Limited, was appointed as liquidator of carpet and furniture retailer World of Furniture (Luton) Limited, trading as Sabba Carpets and Furniture, on 20 February 2024. The business owed preferential creditor employee claims almost £5,000, while the HMRC is also owed £20,000. As for unsecured creditor claims, these totalled £562,000. It is expected that creditors will suffer a shortfall of £571,000.

Molly Monks, of Parker Walsh, was appointed as liquidator of carpet business Stone Carpet Centre Limited on 23 February 2024. The business owed preferential creditor, the HMRC, £2,300, while unsecured creditor claims totalled £97,000. It is expected that creditors will suffer a shortfall of £99,000.

Christopher Horner, of Robson Scott Associates Ltd t/a BusinessRescueExpert, was appointed as liquidator of carpet retailer Tom Cook Carpets Limited on 29 February 2024. The business owed preferential creditor, the HMRC, £58,600, while unsecured creditor claims totalled £102,000, with a further £40,000 owed to the taxman. It is expected that creditors will suffer a shortfall of £161,000.

Dean Collins and Brendan Doyle, both of Doyle Davies Consultancy Ltd, were appointed as joint liquidators of furnishings business The Wolf Furniture Co Ltd on 26 February 2024. The business owed preferential creditor, the HMRC, £100,000, while unsecured creditor claims totalled £124,000, with £65,000 owed to HSBC Bank. It is expected that creditors will suffer a shortfall of £224,000.

Darren Brookes, of Milner Boardman & Partners, was appointed as liquidator of furniture retailer H F Contract Furniture Limited on 16 February 2024. The business owed preferential creditor employee claims almost £8,000, while the HMRC is also owed £189,000. As for unsecured creditor claims, these totalled £690,000, with £59,000 owed to Lloyds Bank and a further £140,000 owed to employees. It is expected that creditors will suffer a shortfall of £886,000.

Jonathan Philmore, of Philmore & Co Ltd, was appointed as liquidator of bespoke furniture company Richard Williams Furniture Limited on 16 February 2024. The business owed preferential creditor employee claims almost £5,000, while the HMRC is also owed £40,000. As for unsecured creditor claims, these totalled £256,000. It is expected that creditors will suffer a shortfall of £576,000.

Andrew Davenport, of Maxim IP Limited, was appointed as liquidator of carpets and beds retailer NG Carpets Limited, trading as United Carpets and Beds, on 1 March 2024. The business owed preferential creditor employee claims £2,000, which is expected to be repaid from realised assets valuing £5,700, while the HMRC is also owed £52,000. As for unsecured creditor claims, these totalled £276,000. It is expected that creditors will suffer a shortfall of £325,000.

Andrew Hook and Julie Anne Palmer, both of Begbies Traynor (Central) LLP, were appointed as joint liquidators of furniture retailer Amor Interiors Ltd on 18 March 2024. The business owed preferential creditor, the HMRC, £118,000, while unsecured creditor claims totalled £234,000, with £124,000 owed to banks. It is expected that creditors will suffer a shortfall of £347,000.

Stuart Kelly and Claire Harsley, of SPK Financial Solutions Limited, were appointed as joint liquidators of kitchen and bedroom furniture manufacturer LCK Kitchens & Bedrooms Ltd on 7 March 2024. The business owed preferential creditor, the HMRC, £5,700, while unsecured creditor claims totalled £38,000. It is expected that creditors will suffer a shortfall of £38,000.

Simon Weir, of DSi Business Recovery, was appointed as liquidator of online furniture retailer Sam Beds & Furniture Ltd on 5 March 2024. The business owed preferential creditor, the HMRC, £3,500, while unsecured creditor claims totalled £20,000. It is expected that creditors will suffer a shortfall of £19,000.

Mark Botwood, of Muras Baker Jones Ltd, was appointed as liquidator of kitchen and bedroom furniture supplier Pennwood Kitchens and Bedrooms Limited on 11 March 2024. The business owed preferential creditor, the HMRC, £10,000, while unsecured creditor claims totalled £195,000, with £183,000 owed to an associate loan. It is expected that creditors will suffer a shortfall of £211,000.

Simon Renshaw and Michael Goldstein, both of RG Insolvency, were appointed as joint liquidators of furniture business D&C Designs Limited on 18 March 2024. The business owed preferential creditor, the HMRC, £7,000, while unsecured creditor claims totalled £25,000. It is expected that creditors will suffer a shortfall of £35,000.

David Kirk and Daniel Jeeves, both of Kirks, were appointed as joint liquidators of furniture manufacturer EFF Manufacturing Limited on 22 February 2024. It is expected that creditors will suffer a shortfall of £64,000.

Helen Whitehouse and Gareth Bishop, both of McAlister & Co Insolvency Practitioners Limited, were appointed as joint liquidators of online dropshipping sales of indoor and outdoor furniture business Steyn Trading Ltd on 12 March 2024. The business owed unsecured creditors a total of £97,000, with creditors expected to suffer a shortfall of £95,000.

Sam Talby and Rob Coad, both of Undebt.co.uk, were appointed as joint liquidators of carpet retailer Bristol Carpet & Flooring Group Limited on 15 March 2024. The business owed preferential creditor, the HMRC, £75,000, while unsecured creditor claims totalled £276,000. It is expected that creditors will suffer a shortfall of £353,000.

Andrew Beckingham and Sean Ward, both of Leonard Curtis, were appointed as joint liquidators of carpet and flooring retailer Straight 2 You Carpets Limited on 21 March 2024. The business owed unsecured creditors a total of £22,000 and are expected to suffer a shortfall of the entire amount.

Andrew Davenport, of Maxim IP Limited, was appointed as liquidator of carpet and flooring retailer Swinton Carpets Limited, trading as United Carpets and Beds, on 18 March 2024. The business owed preferential creditor, the HMRC, £12,000, while unsecured creditor claims totalled £205,000. It is expected that creditors will suffer a shortfall of £213,000.

Avner Radomsky and Simon Renshaw, both of RG Insolvency, were appointed as joint liquidators of furniture manufacturer Moonalabs Ltd, trading as Moonalabs & Bosk, on 15 March 2024. The business owed preferential creditor, the HMRC, £6,000, while unsecured creditor claims totalled £300,000. It is expected that creditors will suffer a shortfall of £620,000.

Deborah Cockerton, of DCA BR Ltd, was appointed as liquidator of office furniture wholesaler Marks Office Delivery Service Ltd on 19 March 2024. The business owed preferential creditor, the HMRC, £26,000 and is expected to suffer a shortfall.

Adam Nakar, of WSM Marks Bloom LLP, was appointed as liquidator of furniture manufacturer Antics (Furniture) Limited, trading as No 44 Furniture & Fine Things, on 21 March 2024. The business owed unsecured creditors a total of £23,000, with creditors expected to suffer a shortfall of £17,000.

Michael Goldstein and Simon Renshaw, both of RG Insolvency, were appointed as joint liquidators of carpet business New Uxbridge Carpets & Furniture Ltd on 20 March 2024. The business owed unsecured creditors a total of £58,000. It is expected that creditors will suffer a shortfall of £56,000.

Jessica Thomas and Philippa Smith, of Smith & Barnes Insolvency Practitioners Ltd, were appointed as joint liquidators of manufacturer Sigma Foam Convertors Ltd on 21 March 2024. The business owed unsecured creditors a total of £657,000, with creditors expected to suffer a shortfall of £631,000.

Lloyd Biscoe and David Farmer, both of Birchwood Bond, were appointed as joint liquidators of furniture manufacturer Office Life Solutions Ltd on 21 March 2024. The business owed preferential creditor, the HMRC, £103,000, which are expected to repaid in full, while unsecured creditor claims totalled £350,000. It is expected that creditors will suffer a shortfall of £337,000.

Alan Clark, of Carter Clark, was appointed as liquidator of furniture business Brixton Furniture Centre Limited on 27 March 2024. The business owed unsecured creditors a total of £42,000, with creditors expected to suffer a shortfall of the entire amount.

Laura Walshe, of Keywood Group Limited, and Gary Paul Shankland, of Begbies Traynor (London) LLP were appointed as joint liquidators of furniture retailer RJF Furnishings Ltd on 26 March 2024. The business owed preferential creditor, the HMRC, £280,000, while unsecured creditor claims totalled £212,000, with a further £60,000 owed to the taxman and £116,000 owed to Funding Circle. It is expected that creditors will suffer a shortfall of £462,000.

Mike Solomons and Andrew Pear, both of Moorfields Advisory Limited, were appointed as joint liquidators of furniture wholesaler Owl Wholesale Ltd, trading as Quigleys, on 25 March 2024. The business owed preferential creditor, the HMRC, £67,000, while unsecured creditor claims totalled £212,000, with £50,000 owed to Santander Bank. It is expected that creditors will suffer a shortfall of £277,000.

Michael Roome and Dean Nelson, both of PKF Smith Cooper, were appointed as joint liquidators of kitchen furniture manufacturer Simply Kitchens Leicester Limited on 27 March 2024. The business owed preferential creditor, the HMRC, £36,000, while unsecured creditor claims totalled £66,000. It is expected that creditors will suffer a shortfall of £102,000.

Stewart Bennett, of S T Bennett & Co, was appointed as liquidator of furniture manufacturer E.J. Herok Limited on 27 February 2024. The business owed preferential creditor, employee claims, a total of £126,000, while the HMRC is also owed £125,000. As for unsecured creditor claims, these totalled £86,000. It is expected that creditors will suffer a shortfall of £287,000.

Hugh Jesseman, of Antony Batty & Company LLP, was appointed as liquidator of garden furniture manufacturer Julian Christian Limited on 22 March 2024. The business owed preferential creditor, the HMRC, £56,000, while unsecured creditor claims totalled £615,000. This included a further £247,000 owed to the taxman as well as £284,000 owed to sister company Julian Christian (Garden Buildings) Ltd. It is expected that creditors will suffer a shortfall of £671,000.

Thomas Grummitt and Andrew Smith, of Bridgewood Financial Solutions Ltd, were appointed as joint liquidators of furnishings retailer Tierra Grande Ltd, trading as Tierra Abode, on 28 March 2024. The business owed preferential creditor, the HMRC, £4,000, which is expected to be repaid from realised assets valuing £6,000. As for unsecured creditor claims, these totalled £93,000, with £85,000 being owed to banks. It is expected that creditors will suffer a shortfall of £91,000.

Clive Morris, of Marshall Peters, was appointed as liquidator of kitchen furniture manufacturer Rustic Interiors U.K. Limited, trading as Rustic Table Company, on 5 March 2024. The business owed unsecured creditors a combined total of £631,000, with company loans amounting to £474,000. It is expected that creditors will suffer a shortfall of £612,000.

Gareth Lewis and Matthew Russell, of Lewis Business Recovery & Insolvency, were appointed as joint liquidators of furniture retailer The Showroom Derby Road Ltd on 2 April 2024. The business owed preferential creditor, the HMRC, £30,000, while unsecured creditor claims totalled £115,000, including a bounce back loan of £37,000. It is expected that creditors will suffer a shortfall of £139,000.

Darren Brookes, of Milner Boardman & Partners, was appointed as liquidator of furniture manufacturer Fitting Rooms Limited on 2 April 2024. The business owed preferential creditor, the HMRC, £71,000, while unsecured creditor claims totalled £44,000, with the majority being owed to banks. It is expected that creditors will suffer a shortfall of £120,000.

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