The UK division of German furniture manufacturer Nolte Möbel has entered administration, owing over £800,000 to creditors, most of it to its former parent company. Administrators Nicholas Cusack and Paul Bailey of Bailey Ahmad Ltd were appointed on 2 May 2025.
© Nolte Möbel
Nolte Mobel Ltd, which separated from Nolte GmbH in 2020 but remained reliant on its supplies, was left in crisis when the German company abruptly ceased all UK shipments in April 2025. The move, described in the administrator's report as having come with "no warning", resulted in immediate order cancellations and an inability to secure new suppliers.
The UK company's dependence on financial support from the German group led to an unpaid balance of over £700,000 by April 2025. Without incoming stock or sales, administrators declared the business insolvent and ceased trading.
Pre-appointment orders were fulfilled, with customers receiving a 20% discount. However, the company reported a £142,481 loss in 2023 and faced continued trading challenges in 2024 due to low consumer confidence.
Creditors face a shortfall of £132,000, with £60,000 owed to HMRC and £95,000 to trade creditors. The business will be dissolved following final distributions to creditors.
Source: www.bigfurnituregroup.com