SOFT furnishings chain Linens Direct has ceased trading and closed its 30-store-plus operation following the appointment of administrators last month.

Alan Simon of AABRS and Jamie Taylor of Begbies Traynor were appointed as joint administrators of the company on June 19.

That followed the filing of a notice of intent to appoint an administrator in May (see related) by the Essex based business, which sold a mix of furnishings spanning bedding to other household textiles.

The privately-owned retailer traded from 34 stores at the point the administration intent notice was filed, though previously operated from a higher number.

It lost £149,862 before tax on revenue down 2.2 percent to £18 million in the year to January 2016, its latest available accounts, having made £2.5 million on £18.4 million the previous year. Barclays held a charge over the company's assets.

Administrators said they were uncertain whether the company would be able to fulfil orders placed before the business entered administration, and urged customers initiate refunds from card issuers.

Related Story
Furnishings retailer files administration intent notice

To read the full story: