Creditors of retailer Mattressman have approved restructuring plans which will see 14 stores close. The company won the backing of its creditors for the company voluntary arrangement CVA which will see it scale back its operation to concentrate on 11 shops around its East Anglian heartland. A CVA is a restructuring process which allows a company to get rid of loss making stores and reduce rents to enable it to carry on trading.
Mattressman first unveiled the plans in June, citing a slump in sales as consumer confidence continued to fall. A total of Some jobs were put at risk by the announcement of the store closures, which will mainly fall across the Midlands.
Family owned, leading independent retailer of carpets and other home furnishings such as beds, bedroom furniture, sofas and rugs. Successful 25 year trading history, founded as a partnership in before incorporating in Operating from well located premises in Thetford, Norfolk, the business is well positioned for future in-store and online growth.
Next accounts due by 31 Dec Mortgages and Charges. Total Outstanding 6. Total Satisfied 1. Key Financials Sign Up Today to unlock this company's full accounts. View Full Accounts. Jun Mar Sep Oct Mr Robert David Brazier. Dec You've rejected analytics cookies. We use cookies to make our services work and collect analytics information. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page.
Next accounts made up to 31 March due by 31 December Last accounts made up to 31 March
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