Wed, 25 Mar 2026 | ADMINISTRATION
Administrators from Interpath Advisory are seeking a buyer for a pair of furniture businesses. Westbridge Furniture and Belfield Leisure, which form part of Derbyshire-headquartered The Belfield Group, were incorporated via a pre-pack rescue deal in February 2025.
Westbridge Furniture, which is based in Holywell, Flintshire, designs and manufactures furniture. The 300-strong company supplies sofas and other upholstery to a range of blue-chip high street and premium independent retailers.
Belfield Leisure, meanwhile, manufactures and supplies soft furnishings to the UK leisure market, employing around 200 staff members at its base in Ilkeston, Derbyshire.
Both companies were incorporated last year, when the business and assets of Westbridge Furniture Designs Limited and Belfield Furnishings Limited were acquired alongside other trading entities of The Belfield Group Limited in a pre-pack transaction.
Following this rescue deal, Westbridge experienced operational disruption, which had a greater impact on operations than originally anticipated. Combined with the loss of a key customer and weak trading during early 2025, this placed a significant strain on the company’s cashflow.
The trading performance of Belfield Leisure was separately affected by fragile consumer confidence across the wider UK leisure market. This impacted the business’ ability to recover to a breakeven position, despite instituting cost saving measures and regaining market share. As a result, Belfield Leisure required a capital injection in order to meet its short-term cash needs.
Directors of both businesses explored investment and refinancing options, before ultimately choosing to seek the appointment of administrators when a solvent solution could not be found.
Chris Pole and Will Wright of Interpath Advisory were subsequently appointed as joint administrators of Westbridge Furniture Limited and Belfield Leisure Limited on March 23, 2026.
The joint administrators will continue trading Westbridge and Belfield Leisure while exploring options for a sale of the businesses and their assets. The majority of employees will be attained to assist administrators, but a number of redundancies have been made across both businesses.
Joint administrator and Interpath Managing Director Chris Pole said that, following a spike in demand during the COVID-19 pandemic, furniture manufacturers and retailers have since faced “falling sales, high interest rates, and inflation”, leading to pressure throughout supply chains.
Despite both companies making progress on their turnarounds, Pole said, they required injections of capital which management were ultimately unable to secure.
He continued: “As we start to explore options for both businesses, our immediate intention is to trade the Belfield Leisure business as a going concern, as well as maintaining operations at Westbridge for a period as we fulfil work already in progress. We’d invite any parties who may be interested in acquiring the businesses and their assets to contact us at the earliest opportunity.”
As both Westbridge Furniture Limited and Belfield Leisure Limited were both incorporated last year, neither business has filed financial accounts at Companies House.
In the most recent accounts for Westbridge Furniture Designs Limited, for the year to December 31 2023, the company reported turnover of £61 million, down from £67.9 million a year earlier, while operating losses widened from £6.4 million to £7.4 million.
Its fixed assets were valued at £2.1 million and current assets at £10.5 million, but net liabilities amounted to £2.8 million.
For the same period, Belfield Furnishing Limited reported turnover of £35.2 million, down from £38.9 million a year earlier, while operating profits dropped from around £1.2 million to £677,000.
At the time, its fixed assets were valued at £993,000 and current assets at around £21 million, with net assets totalling £9.8 million.
The other companies in The Belfield Group, Tetrad Furniture Limited and Clinchplain Foam and Fibre Limited, are not in administration and continue to trade as normal.
This family-owned business is a non-core subsidiary specialising in the production of diverse food packaging foils, boasting a strong customer base and a significant export ratio of over 60%.
This well-established company excels in the fabrication and installation of premium aluminium, UPVC, and composite window and door systems, serving both commercial and residential markets.
This established trade-only fabricator and distributor in the UK offers a unique opportunity to acquire a business renowned for its rapid lead times and strong referral-driven sales pipeline.
Looking for more businesses? Try our off-market tool.
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