The Sofa Workshop Limited (06707205): administration
- Status
- Administration ended
- Administration began
- 2022-03-31
- Administrators
- David Robert Baxendale, Zelf Hussain, Mark James Tobias Banfield
- Administrators' firm
- PwC
- Formerly
- Erewash Upholstery Limited
- Incorporated
- 2008-09-25
- Location
- Leeds
- Industry
- 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
Why it went into administration
- Property / lease costs
- Weak consumer demand
- Sustained trading losses
- Supply chain disruption
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 25 September 2008 under the name Erewash Upholstery Limited, being a wholly owned subsidiary of DFS Furniture Company Limited, operating as a mid-market UK upholstery retailer and part of the high street upholstery retailer The DFS Group.
On 18 September 2020, 100% of the Company’s shares were sold to TOUK (formerly Halo Furnishing Group) who subsequently renamed the Company to its current name and endorsed the Timothy Oulton brand, rebranding it as “Sofa Workshop by Timothy Oulton’. The business traded as Sofa Workshop by Timothy Oulton and continued to sell upholstery, albeit predominantly that of the already established Timothy Oulton brand.
The Company formed part of the Halo Group, headquartered in Hong Kong. The Company competed with well known high street brands such as DFS, Barker & Stonehouse and Sofology.
Administrators' statement of proposals (2022-05-23) · Companies House register