Cabinet supplier Kettle Interiors UK has seen all its staff made redundant after falling into administration.
Some 126 employees are involved.
Begbies Traynor has been appointed administrator. It says the company began ‘to struggle financially due to escalating shipping costs since the onset of the pandemic in 2020.’
‘Due to the economic challenges facing the furniture sector, particularly the significant increase in freight costs since Covid in the last two or three years, Kettle Interiors has reluctantly been placed into administration. All staff have unfortunately had to be made redundant for reasons of insolvency and we are currently working with PACE and local government departments to ensure all staff receive support and their full entitlements at this difficult time,’ says Thomas McKay, Begbies Traynor partner.
