Homeware chain Chiltern Mills blames Covid impact as it falls into liquidation

Shops belonging to northern homeware chain Chiltern Mills have closed as bosses have placed the firm into liquidation.

The low cost furniture specialist’s locations in Leeds, Redcar and Stockton have been shut as directors blamed lingering impacts of Covid restrictions for the firm’s demise. A statement released by the firm on its website said it was “no longer financially viable” and that it had immediately ceased trading.

Directors said the firm had not been considered an essential business during lockdown periods and had been closed while larger competitors were allowed to continue trading. Latest accounts for the company showed it had employed as many as 53 people in 2022.

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The statement from directors of the company said: “It is with much regret that the directors of Treymaine Limited t/as Chiltern Mills (the company) have to announce that the company has ceased to trade with immediate effect. Due to the Covid 19 pandemic and the national lockdowns, which covered the period March 2020 until June 2022, the company was unable to open its stores as it was classified as a ‘non-essential business and had to follow all the restrictions imposed by the Government.

“During this period some of the company’s larger competitors were still able to trade, for example, B&M, Home Bargains and The Range remained open due to their overall businesses being classed as ‘essential. After many years of trading across the north of England these lockdowns and restrictions hindered the company’s progress and resulted in the company no longer being financially viable.”

The Creditors’ Voluntary Liquidation of Treymaine Ltd, which traded as Chiltern Mills, is being handled by Gaines Robson Insolvency Ltd.

Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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