Collectables goes into administration

Collectables has gone into administration, putting 200 jobs at risk. The company has 11 shops across the North-East, Yorkshire and Cumbria, and as a furniture retailer from three units at Collectables Retail Park, Stockton.

“Sustained difficult trading conditions have resulted in the business facing cash pressures with a further increased demand for working capital in preparation for the Christmas trading period."

– Jonny Marston, Mark Firmin and Howard Smith from KPMG’s Restructuring

Administrators have closed the stores. There has been no immediate redundancies but the situation is uncertain.


Collectables goes into administration

North East retailer Collectables has gone into administration placing 200 jobs at risk.