A UK furniture manufacturer, a kitchenware firm, and a production company are among several major British businesses that have recently entered administration. Companies across sectors such as construction and hospitality have cited spiralling operating expenses as they seek help.
Westbridge Furniture Limited and Belfield Leisure Limited, both owned by the same parent company, have appointed administrators from Interpath Advisory after failing to secure sufficient funding. Westbridge, based in Holywell, Flintshire, employs around 300 people and manufactures sofas for retailers including Marks & Spencer, John Lewis, and Next. Belfield Leisure, located in Ilkeston, Derbyshire, has roughly 200 workers and focuses on soft furnishings for the leisure industry.
Denby Pottery, founded in 1809, entered administration on March 31 after failing to secure investors aligned with its vision. The historic firm continues trading from its original Derbyshire site and employs approximately 600 staff across the UK.
Autostructures UK, a manufacturer of parts for the automotive and highway sectors based in Telford, Shropshire, went into administration on March 27. The firm, a JCB supplier for three decades, helped create the world's fastest tractor and supplied over 22,000 chassis over 10 years.
Stonecrest Tiles, a DIY tile merchant, was assigned administrators from BTG Begbies Traynor at the end of March. The company operates a warehouse in Colchester and offers next-day delivery. Meanwhile, Ilesbus UK, a luxury coachbuilding firm launched eight years ago, has also entered administration. A preferred buyer has been identified, and administrators are working to finalise a deal.
