Online bed retailer sold out of administration


Online bed retailer sold out of administration

Quantuma’s Carl Jackson and Richard Easterby have completed the sale of online beds retailer Sleep Design Ltd which traded as Crazy Price Beds. It was acquired by Baaj Capital LLP in a deal which will enable the business to continue to trade and retain all 22 jobs.

Sleep Design which achieved sales of £8m in 2021, imports its stock from China and was hit by rising freight and increased product costs as well as movements in £/$ exchange rate.

 

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