The Sussex-based furnishings, lighting and residential décor retailer has ceased buying and selling, leaving suppliers and HMRC amongst collectors owed over £1.4 million
The corporate has plunged into liquidation (Picture: undefined)
An award-winning British furnishings model has collapsed into liquidation with money owed exceeding £1.4 million.
The Sussex-based agency, which sells furnishings, lighting and residential décor, entered collectors’ voluntary liquidation on June 1.
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Pure White Strains Ltd, established in 2012, additionally sources vintage and classic items from throughout Europe, with showrooms in London and a distribution warehouse in Belgium serving prospects all through the continent.
The corporate claimed the Greatest Stand award at prestigious inside design occasion Decorex in 2022, and stocked high-end items together with chandeliers priced at £6,500 and eating tables costing upwards of £4,000.
Michael Royce of M.R. Insolvency has been appointed as liquidator.
Based on an announcement of affairs revealed on Corporations Home, it’s estimated that simply £44,853 could be recovered from the sale of the corporate’s remaining belongings.
This falls drastically wanting Pure White Strains’ complete money owed of £1,419,237.99 owed to unsecured collectors, together with HMRC, suppliers and different related companies.
Practically £200,000 can also be excellent to Horsham District Council.
The corporate’s registered workplace is listed as The Packing Home Orchard Farm, Emms Lane, Bucks Inexperienced, Horsham, West Sussex RH13 0TR.
Pure White Strains has been approached for remark.
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