Major UK bed maker Airsprung, whose products are stocked by retailers including Dunelm and Argos, has collapsed into administration. The Trowbridge-based company, which traces its roots back 150 years, has made 71 staff redundant.
Administrators Appointed
Joint administrator Edward Williams confirmed the appointment, stating: “It’s very sad that this well-known business with 150 years of history and iconic brands within the mattress and bed industry has had to go into administration.” Administrators will now explore any interest in the business.
Background and Recent Events
On April 30, the company announced it faced closure unless a rescue plan could be found. This week, it was confirmed that administrators have been brought in. CEO Tean Dallaway expressed gratitude: “I would like to sincerely thank our customers and suppliers for their support over many years, and most importantly our employees for their dedication, professionalism, and hard work. Their commitment has been central to the business, and it is very sad and disappointing that the business has entered administration.”
Historical Significance
Airsprung began as a mattress factory called Chapmans of Trowbridge in 1871. By 1987, it had become the UK’s second-largest bed manufacturer. The company even supplied a bed to 10 Downing Street in 1957. Despite the administration, 131 staff will remain to assist with the process.
