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The closure of Hertfordshire furniture and home accents retailer Kenmore Interiors left creditors facing a shortfall of about £400,000 across its two group companies.


Chief among them were consumers, with the business owing £89,836 in customer deposits at the time of its liquidation, according to statutory filings.


Privately-owned Kenmore Interiors traded from a unit on the corner of Bancroft in Hitchin, a market town in south east England. Engin Faik of Cornerstone Business Turnaround and Recovery Limited was appointed liquidator back in May.


The assets of TB76, trading as Kenmore Interiors, and a separate company — called Kenmore Interiors — were expected to raise about £58,500 and £5,102 respectively, according to Statement of Affairs documents lodged with the Companies Registrar. Creditor shortfalls totalled £391,174 and £40,082 for the two companies.


The largest individual creditor was the Hitchin Property Trust, the retailer's landlord, though its £32,500 debt was partly covered by a £20,000 deposit.


Unsecured creditors included a large number of suppliers, with sofa makers Whitemeadow, G Plan, Lebus and Parker Knoll all owed low five-figure sums.


For more, see The Debt Report, July 27 update

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