British mattress and bed manufacturer Airsprung has entered administration after 150 years in business, resulting in 71 redundancies. The company, which operated from a factory in Trowbridge, was forced into administration due to prolonged difficult trading conditions and recent cashflow challenges.
Administration Details
Administrators from PwC confirmed that directors had no alternative but to place the company into administration. Joint administrator Edward Williams expressed sadness over the situation, stating: "It's very sad that this well-known business with 150 years of history and iconic brands within the mattress and bed industry has had to go into administration." He assured employees that support would be provided through the redundancy process.
Company History
Airsprung began as Chapmans of Trowbridge in 1871, a mattress factory that later supplied a bed to 10 Downing Street in 1957. The company's Trowbridge facility, covering an area equivalent to 18 football pitches, could produce over 2,000 mattresses daily. Under brands like Gainsborough and Airofreem, Airsprung also manufactured beds for hotels and filling for sports stadium seating. Its products were sold through retailers such as Dunelm and Asda.
CEO and Director Tean Dallaway commented: "It is very sad and disappointing that Airsprung had to go into administration. I would like to sincerely thank our customers and suppliers for their support over many years, and most importantly our employees for their dedication, professionalism, and hard work."
Wider Context
This follows the liquidation of Loughton Tyres, an Essex-based garage operating since 1987, which entered liquidation in April. The London Gazette published a notice on April 15, with Ninos Koumettou and Constantinos Pedhiou appointed as joint liquidators. The number of potential job losses remains unclear.
