Mostyn's

Mostyn's

Administration of Mostyn's, a curtain and soft furnishing retailer that has been trading since 1950 and has an annual turnover of £7m. The company employed 128 staff at its 35 retail outlets and 59 at its head office and manufacturing operation.

Despite a good reputation and solid underlying business and sales, difficult trading conditions together with the costs of dealing with certain historical problems, including onerous property leases, has resulted in the company being put into Administration.

Our team managed to sell the company, preserving the business as a going concern and safeguarding the majority of jobs.