LuxDeco appointed administrators Gary Shankland, Kevin Murphy and Paul Appleton of Begbies Traynor on March 15th, ’24.
In a notification on the LuxDeco website, the business said: “The administration moratorium provides a “breathing space” during which we will assess whether a rescue of the Company is feasible. At present, we are unable to fulfil orders and will not, for the time being, be accepting any new orders. If you are owed money by the Company, you should complete a ‘Proof of Debt’ form to lodge your claim in the administration.”
This is the latest of a series of businesses facing difficulties in the current climate as consumers continue to rein in their spending.
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