Fri, 23 Sep 2011 | ADMINISTRATION
Administrators are urgently searching for a buyer for one of Huddersfield's best-known retailers, the family-run company Thatchers Furnishings Ltd.
The store entered administration today, and Peter Sargent and Julian Pitts, of insolvency firm Begbies Traynor, have already begun the search for someone to buy it out of administration. The Dundas Street store will be closed for stock-taking today, but will reopen for a sale of goods to the public.
Mr Sargent described the firm as "a bastion of retailing traditional high quality furniture", but explained that it had suffered a downturn in trade in recent years, owing to a range of difficult market circumstances.
"Every effort is being made to save the jobs of the loyal and dedicated staff, but sadly no guarantee can be given," he said. "I am also concerned that there are a number of deposit customers and how these are dealt with will depend on whether there is a successor business."
The firm was founded in 1940 by John Herbert Thatcher, who had been a carpet fitter. It has been at its current premise since the early 1960s, and specialises in selling high quality furniture, beds, curtains, clocks, carpets and rugs.
Opportunity to acquire a long-established MEP building services contractor specialising in designing, installing, and maintaining M&E, HVAC, plumbing, and energy centre solutions.
An opportunity to acquire a pioneering artisan bakery renowned for its top-quality sourdough and pastries in the United Kingdom.
An exciting opportunity to acquire a well-established mixed dental practice in Northern Ireland, offering a strong patient base and potential for growth.
Looking for more businesses? Try our off-market tool.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.