Administration knocks stuffing out of soft furnishings firm
13 Feb 2020
St Helens-based soft furnishings manufacturer Ena Shaw has collapsed with the loss of over 160 jobs
13 Feb 2020
Established in 1932, Ena Shaw is a family run business specialising in the manufacture and resale of soft furnishings, employing 167 members of staff.
Lindsey Cooper and Chris Ratten, partners at RSM Restructuring Advisory, have been appointed joint administrators to the furnishings firm.
The decision to appoint administrators was made by the directors of Ena Shaw after suffering difficult trading conditions.
Despite the best efforts of the directors and administrators, it was not possible to find a buyer for the business as a going concern.
As a result, the company has ceased to trade with immediate effect, and the majority of the employees have been made redundant, while a small number of staff have been retained in the short term to assist administrators with the wind down of operations.
Lindsey Cooper, partner at RSM Restructuring Advisory LLP and one of the joint administrators, said: ‘Ena Shaw has recently faced challenging trading conditions resulting from an unsettled retail market and increased competition from online and overseas manufacturers.
‘It is always very sad when a long-standing family business with close community ties has to close.’