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01

Apr 2022

Last Updated: 04/04/2022
News
News

Harrogate shop closes as sofa company enters administration

by Vicky Carr

| 01 Apr, 2022
Comment

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Administrators have said jobs will be lost but outstanding orders will be fulfilled thanks to a deal with the parent company.

sofa-workshop

The Harrogate branch of Sofa Workshop has closed after the company entered administration yesterday.

The Parliament Street shop is no longer trading and the company's website has been closed, after administrators PriceWaterhouse Cooper were appointed.

The administrators said one shop in London would remain open for up to 14 days to sell remaining stock. The company's order book has been sold to Timothy Oulton United Kingdom Ltd, also owned by parent company Halo, so any outstanding orders will be fulfilled.

Toby Banfield, joint administrator and PwC partner, said:

“Unfortunately, given the sustained level of losses, the directors had no option but to appoint administrators to protect the creditors of the company. Sadly, this has resulted in 77 redundancies having to be made today. We will do all we can to support workers impacted by the administration."


It has not been confirmed how many jobs have been lost at the Harrogate shop.



Read more:

  • Welcome to Yorkshire enters administration

  • Chancellor disappoints Harrogate’s key hospitality sector, says business group