UK furnishings large collapses into administration – 300 jobs in danger | UK | News | EUROtoday

A UK-based furnishings firm has collapsed into administration, placing 300 jobs in danger. Westbridge Furniture Limited, a producer which equipped furnishings to excessive road chains from a base in northeast Wales, appointed directors on Monday. The agency’s collapse adopted “a challenging time for furniture manufacturers and retailers” linked to falling gross sales, inflation and excessive rates of interest.

Joint administrator Chris Pole, of Interpath, stated Westbridge had “made positive progress” to show enterprise round however in the end “required further injections of capital”. “Unfortunately, and despite the best efforts of management to secure funding this has not been possible, which has sadly resulted in the [business] going into administration,” he stated in a press release.

Westbridge beforehand operated beneath the title Deeside Furniture and equipped sofas and different upholstery to retailers together with Marks and Spencer and Next Home, the BBC stories.

Mr Pole was additionally appointed administrator for Derbyshire-based firm Belfield Leisure Limited, which is owned by The Belfield Group alongside Westbridge and has round 200 employees.

He stated each websites would proceed buying and selling as a going concern for Belfield and to finish work already in progress at Westbridge.

The two companies had been acquired by way of a so-called pre-pack transaction in February 2025, an insolvency process the place an organization agrees to maneuver its property to a different proprietor earlier than appointing directors.

Operational disruption worsened efficiency at each corporations within the intervening months, the directors stated, creating important money movement stress.

“We’d invite any parties who may be interested in acquiring the businesses and their assets to contact us at the earliest opportunity,” they stated.

“The majority of the companies’ employees will be retained to assist the administrators during this period; however regrettably, there have been a limited number of redundancies across both businesses,” a press release added.

The directors stated different corporations in The Belfield Group, together with Tetrad Furniture Limited and Fibre Limited won’t be affected and proceed to commerce as regular.