Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.5 - Retail sale of other household equipment in specialised stores

557 jobs
Number of planned job losses
Job loss
Announcement Date
6 July 2011
Employment effect (start)
Foreseen end date

Description

Furniture manufacturer Homeform made 557 staff redundant after it went into administration.Deloitte said the company had experienced "significant difficulties" due to the current economic climate, particularly in the kitchen and bathrooms markets.Deloitte has sold Sharps back to a new company controlled by Sun, a deal that saved 627 jobs, including at its factory in Bilston, West Midlands, and offices in Camberley, Surrey.


Sources

  • 7 July 2011: Insider Media

Citation

Eurofound (2011), Homeform, Bankruptcy in United Kingdom, factsheet number 72520, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72520.