From the administrators' statement

2.1 The business of the Company commenced 30 years ago as a partnership and was Incorporated as the Company in 1999.

The Company traded as a furniture wholesaler, which imported goods and supplied to the trade, with some sales to the general public.

In 2008, the Company suffered a catastrophic fire, which completely destroyed the Company's stock and premises from which it traded. A subsequent insurance claim was settled at a much lower figure than the loss suffered by the Company; this left the Company with severe cash-flow difficultres.

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CPW Furniture Limited (03749973)

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