Made.com nears collapse as shares suspended

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18 minutes ago

Online furniture retailer Made.com has moved a step closer towards administration after the company's shares were suspended on Tuesday.

The firm announced last week that rescue talks to find a buyer for the business had so far failed.

It stopped taking new orders last week as bosses warned that cash reserves could run out if further funding could not be raised.

Made.com was launched in 2011 and employed 700 staff at the end 2021.

More on this story

• Furniture website Made.com on brink of collapse

  5 days ago

• Made.com shares close lower after £775m placement

  16 June 2021

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