Long Eaton-based furniture importer (UK) has entered administration and made staff redundant after potential buyers withdrew their offers.
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The company, trading since 2013 and importing sofas from Thailand, faced "severe challenges" due to inflation in raw materials and labour costs and reduced consumer demand during the ongoing cost-of-living crisis.
Its parent company, TCM Corporation Public Company Limited (TCMC), confirmed the closure on September 15, 2025, citing failed acquisition attempts and sustained industry pressures as key factors.
The situation reflects broader difficulties in the UK furniture manufacturing and import sector, where economic volatility and shrinking demand are creating significant operational hurdles.
Source: www.nottinghampost.com
