A bed manufacturing business has ceased trading and entered administration, citing ongoing financial difficulties. The decision follows a challenging 18-month period marked by economic disruptions and unsustainable financial burdens.
© Lusia83 Lusia83 | Dreamstime
Vogue Beds, based in Barwell, announced the move on 1 April 2025, appointing Chris Brooksbank of CB Business Recovery Ltd as the Administrator. The company, which had been in operation for 35 years, described the decision as "not made lightly" after exhausting efforts to overcome the economic challenges, particularly those exacerbated by the post-Covid market landscape.
In a statement, the company expressed regret, stating: 'It is with deep regret after 35 years in business that Vogue Beds Limited has ceased trading and entered into administration.' The company noted that recent market disruptions and financial pressures had made continued operation unfeasible.
The directors have committed to working closely with the Administrator to ensure a smooth and transparent process for all stakeholders, including employees, customers, suppliers, and partners. The company acknowledged that the news might be unsettling, but emphasised efforts to minimise disruptions and maintain open communication throughout the process.
Suppliers and creditors will be contacted directly by the Administrator within 48 hours to address outstanding obligations. The company aims to cooperate fully to ensure fairness and transparency as it winds down operations.
Source: www.bigfurnituregroup.com