BusinessBusiness RecoveryCraftmatic appoints David Rubin as liquidator

Craftmatic appoints David Rubin as liquidator

Adjustable beds business ceases trading

Craftmatic,
famous for producing adjustable beds and mobility scooters, has entered into a
company voluntary liquidation.

David Rubin of
David Rubin &
Partners
was appointed as liquidator. The company’s 150 staff were
made redundant and it is no longer trading.

He is seeking a purchaser for the business in order to maximise dividends for
creditors.

Further reading:

Insolvency
watchdog under fire

Deloitte
administrators sell Mathiesons Bakeries, saving 340 jobs

Official
Receiver goes offline for 10 days

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