Wed, 11 Sep 2013 | ADMINISTRATION
A century-old home furnishings chain in Northern Ireland, Hanna & Browne, has entered administration.
Its stores in Newtownards, Limavady, Lisburn and Bangor have stopped trading, and while none of the staff have been made redundant according to the administrator, it does bring the future of the 100 plus jobs into question.
James Neill of Horwood Neill Holmes was brought in as the administrator to TB Lyttle & Sons, trading as Lisnasure Interiors and Hanna & Browne yesterday.
James Neill is working on assessing its trading and financial situation before seeking to salvage the business, which had been hit by a downturn in trading and changes in customers' spending habits.
Starting out as a cabinetmaker in Belfast 110 years ago, it progressed to giftware, cookware and electrical appliances under the ownership of Lisnasure Interiors.
Lisnasure Interiors is due at a court hearing this week, with HMRC expected to be the main creditor.
Hanna & Browne had been holding clearance and closing down sales at several shops of late, which may have featured its stocked branded items from Swarovski, Smeg, Le Creuset, Stieff and Belleek.
The situation for customers waiting for orders to be fulfilled and those with wedding lists at the stores is not yet clear.
_________________________________________________________________________
Related information:
Venture capital company buys Montgomery Tomlinson
Fultons business for sale
A highly rated cafe and sandwich shop in Knutsford. There has been a bakery/cafe at the current location since the 1950’s, with our clients taking over in 2002. During their ownership, the business has built up a regular customer base and excellent r...
LEASEHOLD
Started over 45 years ago, the business is a reliable, independent drainage consultancy and installation specialist with several decades of experience. Their services focus on domestic and commercial septic tanks, plus modern ecological treatment pla...
The company has built an unrivalled rep locally for the quality of cars sold and its customer-friendly approach. This excellent opportunity has built up a reputation, complemented by great marketing success in Google searches, giving any buyer a supe...
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.