Hundreds lose jobs at well-known furniture firm in Somerset

First published in News by

A RENOWNED furniture firm in Somerset has caused hundreds of job losses after going into administration.

Woodberry Bros and Haines Furniture Group, based on Walrow Industrial Estate, Highbridge, recently announced that they had entered administration following financial difficulties and no potential new buyer or investors has been found.

Around 175 people are believed to have lost their jobs after the company and administrators PricewaterhouseCoopers confirmed the news on July 2.

The company had been a leading furniture manufacturer for retailers in the UK since 1949, with a turnover of £10million.

The Mercury contacted Hill View Carnival Club, who have been using the firm’s lorry park for their carnival float, but a spokesman on behalf of the club said they would not be willing to comment until an official statement has been released.

Comments (5)

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2:56pm Mon 7 Jul 14

LookingForLiars says...

The only furniture you could pick up and leave half of it on the floor !!!
The only furniture you could pick up and leave half of it on the floor !!! LookingForLiars
  • Score: 0

4:39pm Mon 7 Jul 14

Blue Owl says...

It's a real shame when this Old Family Firm, has had to close its doors, again another firm that has not been able to compete competitively with the imports coming from Asia and the Far East.
What results is more workers, who are made redundant, I am sure that the Owners have done all that was possible to keep the Business afloat, whilst trying to restructure their Business Plan and Finances.
The. Numpty's will blame it on David Cameron and the Conservative Govn.!!!!
As, I said, it is a real blow to the Local Economy when an Employer such as this Ceases Trading. !!!
David L Preece
Blue-Owl
It's a real shame when this Old Family Firm, has had to close its doors, again another firm that has not been able to compete competitively with the imports coming from Asia and the Far East. What results is more workers, who are made redundant, I am sure that the Owners have done all that was possible to keep the Business afloat, whilst trying to restructure their Business Plan and Finances. The. Numpty's will blame it on David Cameron and the Conservative Govn.!!!! As, I said, it is a real blow to the Local Economy when an Employer such as this Ceases Trading. !!! David L Preece Blue-Owl Blue Owl
  • Score: -1

2:11am Tue 8 Jul 14

Three Pots Derek says...

Blue Owl wrote:
It's a real shame when this Old Family Firm, has had to close its doors, again another firm that has not been able to compete competitively with the imports coming from Asia and the Far East.
What results is more workers, who are made redundant, I am sure that the Owners have done all that was possible to keep the Business afloat, whilst trying to restructure their Business Plan and Finances.
The. Numpty's will blame it on David Cameron and the Conservative Govn.!!!!
As, I said, it is a real blow to the Local Economy when an Employer such as this Ceases Trading. !!!
David L Preece
Blue-Owl
Yes! Yet another victim of cheap foreign imports from the far east. Another local employer lost .
[quote][p][bold]Blue Owl[/bold] wrote: It's a real shame when this Old Family Firm, has had to close its doors, again another firm that has not been able to compete competitively with the imports coming from Asia and the Far East. What results is more workers, who are made redundant, I am sure that the Owners have done all that was possible to keep the Business afloat, whilst trying to restructure their Business Plan and Finances. The. Numpty's will blame it on David Cameron and the Conservative Govn.!!!! As, I said, it is a real blow to the Local Economy when an Employer such as this Ceases Trading. !!! David L Preece Blue-Owl[/p][/quote]Yes! Yet another victim of cheap foreign imports from the far east. Another local employer lost . Three Pots Derek
  • Score: 7

10:19am Tue 8 Jul 14

awayswing says...

Another victim of austerity,another victim of a smaller and declining economy.In these economic conditions people will generally buy cheap imports because they have a vastly reduced amount of money to spend.The above two comments fail to appreciate this.Presumably the firm in question approached their bankers for an extension of credit only to have it refused because the government is giving the banks money for help to buy,and that is all the banks are interested in,free money with no risk to themselves.As long as this government pursues austerity there will be more and more firms going bust as people spend less and less money.Low interest rates are,happily,not the encouragement they were for a debt fuelled shopping spree.Incidentally has anyone seen any signs of the so called economic recovery outside of London and the South East.
Another victim of austerity,another victim of a smaller and declining economy.In these economic conditions people will generally buy cheap imports because they have a vastly reduced amount of money to spend.The above two comments fail to appreciate this.Presumably the firm in question approached their bankers for an extension of credit only to have it refused because the government is giving the banks money for help to buy,and that is all the banks are interested in,free money with no risk to themselves.As long as this government pursues austerity there will be more and more firms going bust as people spend less and less money.Low interest rates are,happily,not the encouragement they were for a debt fuelled shopping spree.Incidentally has anyone seen any signs of the so called economic recovery outside of London and the South East. awayswing
  • Score: 3

3:36am Thu 10 Jul 14

Three Pots Derek says...

awayswing wrote:
Another victim of austerity,another victim of a smaller and declining economy.In these economic conditions people will generally buy cheap imports because they have a vastly reduced amount of money to spend.The above two comments fail to appreciate this.Presumably the firm in question approached their bankers for an extension of credit only to have it refused because the government is giving the banks money for help to buy,and that is all the banks are interested in,free money with no risk to themselves.As long as this government pursues austerity there will be more and more firms going bust as people spend less and less money.Low interest rates are,happily,not the encouragement they were for a debt fuelled shopping spree.Incidentally has anyone seen any signs of the so called economic recovery outside of London and the South East.
Very well said.
[quote][p][bold]awayswing[/bold] wrote: Another victim of austerity,another victim of a smaller and declining economy.In these economic conditions people will generally buy cheap imports because they have a vastly reduced amount of money to spend.The above two comments fail to appreciate this.Presumably the firm in question approached their bankers for an extension of credit only to have it refused because the government is giving the banks money for help to buy,and that is all the banks are interested in,free money with no risk to themselves.As long as this government pursues austerity there will be more and more firms going bust as people spend less and less money.Low interest rates are,happily,not the encouragement they were for a debt fuelled shopping spree.Incidentally has anyone seen any signs of the so called economic recovery outside of London and the South East.[/p][/quote]Very well said. Three Pots Derek
  • Score: 2

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