Barretts of Woodbridge Limited (00952478): administration
- Status
- In administration
- Administration began
- 2026-05-07
- Administrators
- Thomas William Gardiner, Lee De'Ath
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1969-04-18
- Location
- Colchester
- Industry
- 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
Why it went into administration
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company traded as an independently owned home furnishings store in Suffolk for over 50 years from premises at 40-42 Thoroughfare, Woodbridge, IP12 1AL. The Company had 19 employees including the 2 directors.
The reasons for the Company’s insolvency The Directors first met with Lee De’ath of BTG Begbies Traynor (Central) LLP on 1 April 2026, seeking advice in relation to the insolvency options for the Company.
At that time, although the Company was not suffering form any significant creditor pressure, the Company was about to enter into its traditionally quietest months of April and May, and cashflow forecasts indicated that the Company would have difficulties in meeting its immediate liabilities including staff payroll.
Administrators' statement of proposals (2026-07-10) · Companies House register