![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/made-com-on-brink-of-collapse-as-rescue-talks-fail-and-shares-suspended/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/4_Exteriors-Of-Made-As-Furniture-Retailer-Seeks-142-Million-in-London-Listing.jpg&description=Made.com has filed a notice to appoint administrators, while shares in the company were suspended this morning, as it moves closer to collapse following recent strugglesFurniture firm Made.com is no longer tradingMade.com has moved a step closed to collapse after it filed a notice to appoint administrators. Shares in the company were suspended this morning. It comes after Made.com stopped taking new customer orders last week. The retailer sold trendy furniture and home furnishings online - but does have a physical store in London's Soho district. Made.com went up for sale last month, but no buyer was found. The firm said it had "taken the decision to temporarily suspend new customer orders" and said the situation was under review. A statement on the Made.com website said: "Sit tight, we'll be back soon. We're making some important updates to improve your shopping experience." Warning as huge number of £400 energy discount vouchers not yet claimed Made.com was launched in 2011 and employed 700 staff at the end 2021. Experts say consumers have an uncertain future if Made.com goes into administration. Which? consumer rights expert Lisa Webb said: "The prospect of Made.com entering administration will be concerning news for customers with orders placed - and exercising rights is not always straightforward in these circumstances. "If a company enters administration, it may not accept the return of items. "Many customers may find themselves in a situation where items have not been delivered." It is always worth trying to claim for a refund in this situation, Webb added, but there is no guarantee. The cost of repairs for faulty items could still be claimed if they came with a warranty. She added: "If you've bought something on your credit card costing more than £100, the card provider is jointly responsible for any breaches of contract. "You can claim under Section 75 of the Consumer Credit Act if the item is faulty or not delivered. "If you paid for goods that cost less t){kind=link}
Made.com has filed a notice to appoint administrators, while shares in the company were suspended this morning, as it moves closer to collapse following recent struggles
Made.com has moved a step closed to collapse after it filed a notice to appoint administrators.
Shares in the company were suspended this morning. It comes after Made.com stopped taking new customer orders last week.
The retailer sold trendy furniture and home furnishings online – but does have a physical store in London’s Soho district.
Made.com went up for sale last month, but no buyer was found.