
A £7 million debt facility secured over summer 2025 only delayed matters. Administrators closed an initial 32 stores with around 450 redundancies, then wound down the rest of the near-150-strong estate within weeks, taking total job losses to roughly 1,400. No buyer emerged for the business as a going concern.
HMRC is owed around £3 million as preferential creditor, with unsecured creditors facing losses of about £29.8 million.