Norwood Interiors ceases trading after drop in sales
The Brighouse-based kitchen, bathroom and bedroom company has closed due to a 50 per cent drop in weekly sales from the beginning of this year.
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Hide AdIn a statement the company said its order book shrank from £700,000 to £275,000 forcing the directors to seek professional advice and "with great regret" it was concluded that the business could no longer trade.
Following the addition of a showroom in Whiteley's Garden Centre in Mirfield, the company said it had a "dramatic and positive impact helping to generate new business and improving margin".
However following a shift in the market place, sales began to slow down and the decision was taken to cease trading.
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Hide AdIn June, the firm closed its site in Leeds, with customers orders transferred to Brighouse, but now the company is in the process of appointing a liquidator after showrooms in Brighouse and Mirfield were closed earlier this month.