Furniture retailer enters liquidation owing almost £400k

Furniture retail business Fenn Trading has entered liquidation, owing creditors almost £400,000.

Martin Maloney and Steve Markey, both of Leonard Curtis, were appointed as joint liquidators of Fenn Trading Ltd, trading as two brands, British Home Interiors and House of Elle, on 9 June 2022.

Detailed in newly filed documents on Companies House, the business owed secured creditor HMRC £33,500, while unsecured claims valued £355,000.

Within these included a bounce back loan of £49,000, owed to Starling Bank, directors loans totalling £30,000 and a significant sum of £260,000 owed to e-commerce platform Shopify.

It is expected that creditors will suffer a shortfall of £389,000.

This is the third business since 2020 that has entered liquidation following the insolvency of Cheshire Home Interiors Online Ltd and Fennell Limited, which accumulated combined creditor claims of £596,000. This did include an intercompany loan of £221,000 and a further claim from Shopify valuing £105,000.

It is understood that the House of Elle business has rebranded as Elle Home, trading under A Fenn Limited, a company incorporated in January 2021 under common ownership. Another associated company, New Hall Interiors Limited, recently held a closing down sale due to the ‘economic climate’ as stated on social media.

Save this article for later

You can revisit this article if you save it as favourite news!


Tim Lawson, Founder and Director at TRL Furniture, talks about recent recognition as well as expanding overseas....