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World of Sofas bought out of administration

Published: 14 March 2011
The company, set up by former directors of the collapsed Land of Leather chain, has been saved by "similar" management team to trade under the new Riverview Furniture name.
World of Sofas, run by four former directors of collapsed furniture chain Land of Leather, entered administration last month after just two years of trading.

However, the 12-strong retail chain, which was formed by Land of Leather Ltd's Steven Dowdall, Peter Ling, Brian Neilly and Paul Briant at the end of 2008, appears to have been saved again by an almost identical management team after appointing administrators last month.

According to The Sun, Berley Chartered Accountants, who is handling the administration, confirmed that a new company had bought World of Sofas' "assets, stock and nine stores" for £350,000.

The retail chain's website also now details Riverview Furniture as principal trading company, while the firm appears to have closed at least two of its UK stores, with outlets in Cardiff and Aberdeen no longer listed on the site.

Newly-formed Riverview, which was incorporated on January 24 of this year - a matter of weeks before World of Sofas entered administration in February - lists Mr Dowdall, Mr Neilly and Mr Briant as directors.

A story by Furnishing Report also revealed that Berley's Mark West explained the business had "been sold to a group of individuals, similar to those involved with the prior company".

This morning Berley Chartered Accountants would not confirm any reports.

Comments

Published prior to March 2014
By Lisa
Stuart, I noticed that you mentioned the company who manufactured for world of sofa's, would you be so kind as to name them please? I need replacement feet for a sofa I purchased off the cowboys known as world of sofas!!!! Thanx
Published prior to March 2014
By brett lee stone
ordered my sofa 24 september 2010 .delivered 15 december 2010 got in from work & the sofa was broken by the delivery men & not put together correctly ,it also had a tear in the so called leather which was described as fabric on the delivery note.there was also silver marks on it .now september 2011 one seat has sunk & a rcliner has jammed open,i have just waited nearly 2 weeks for some one to contact me & no one has i am now about to cancel my direct debit.
Published prior to March 2014
By Couches
The retail chain's website also now details Riverview Furniture as principal trading company, while the firm appears to have closed at least two of its UK stores, with outlets in Cardiff and Aberdeen no longer listed on the site.
___________
Kelvin

Couches
Published prior to March 2014
By disgusted
I bought a corner sofa last may 2010, within 4 months it had sunk completely in the corner seat, they sent a polish guy out in February 2011, saying it was a manufacturer's fault and would be repaired, I waited 4 months and after many calls and ignored emails i got an email, giving me a credit note for less than I paid as a good will gesture, I went to the store in Lakeside Thurrock, to be told they knew nothing about an email or credit note, I picked a new corner unit and was told 12 weeks delivery it is now 15 weeks and no sofa, I have called them and get a cut off tone when I push button 1 or 2, I am absolutely disgusted with these cowboys it has been very upsetting and stressful, they should not be allowed to get away with this. The worse thing is I paid by cash and I have no way of getting any money or compensation from them.
Published prior to March 2014
By Scott
Two new companies - Riverview Furniture Thurrock Ltd and Longseat Ltd - have been incorporated at Companies House in recent weeks, and one of these is thought to have taken over the assets of Riverview Furniture Ltd, which went into administration through SPW P&A earlier this month.

Published prior to March 2014
By Stuart
Ordered a sofa from them in April. After numerous calls around the estimated delivery date of mid May we were told it was expected in a shipment arriving 27 June. this was nonsense as the sofa is manufactured in the North of England by a well known business. Went to the store in Greenwich on Monday 4 July and demanded my 300 pound deposit back and full cancellation of the order. This was given to me on the spot as I had paid cash. The store is in the process of closing down with all stock on sale. I have since ordered the sofa from another supplier and expect it in the next 3 weeks.
Published prior to March 2014
By Rooster
It would be interesting for all readers if the Daily Record or Trading Standards would investagate Paul Briant, Steve Dowdall and Peter Ling to see if they have a history of being owners or shareholders of many other companies that have gone bust leaving people out of pocket.
I think they should be struck off from ever being owners or share holders of any other company for good.

As for the comment above about them loosing millions can he tell us how much they recieved in wages with land of leather when they worked there and how much they recieved for there shares when they first sold them then bought them back at a very low rate . This would be very interesting as the comment above suggests we should feel sorry for these clowns who have a history of companies between them that have failed.
I await a resopnce THE ROOSTER Cockadoodledoo


Published prior to March 2014
By nogoodsnomoney...
Mab... telephone 02076369094 to speak to the administrators of the now defunct company.. As I understand it, the finance company have no choice but to cancel your credit agreement as the company has gone out of business and can no longer honour their contract. Administrators should contact the credit finance company for you...
Published prior to March 2014
By Riverview Furniture Ltd
Paul Briant, Steve Dowdall and Peter Ling were previously directors of Land of Leather Ltd and had all resigned from the business between three and twelve months before its collapse.
The business at time it went into liquidation had two other executive directors and five other non executive directors operating it, all of whom are respected members of the city.

Briant, Dowdall and Ling personally lost over five million pounds between them when the business collapsed and Briant, Dowdall and Ling remain unpaid from their service contracts.

World of Sofas Ltd started trading some eight months after the collapse of Land of Leather Ltd and, with the exception of taking over empty stores, has no connection with Land of Leather Ltd.
The fact that all three did previously did work for the business along with seven other directors does not make this a direct link.
When World of Sofas Ltd went into administration, the directors were the majority creditors to the tune of over two million pounds.

Riverview Furniture Ltd has purchased all the assets of World of Sofas Ltd and is going to continue to trade the brand concentrating mainly in England.

All customer orders are being honoured and any customers wishing to cancel their order who paid by credit card or debit card to World of Sofas Ltd can claim full refunds from their card provider.
Customers who purchased goods on finance can simply cancel their order and credit agreement if they no longer wish to proceed with their order.
Customers who paid cash will receive their order providing that the balance is paid in full to the store when the goods arrive in stock.
Published prior to March 2014
By AJ
Ordered a sofa in October 2010, was expecting delivery by Jan 2011. After several phonecalls I was told my sofa was at the dock but they had gone into administation and I needed to claim my money back via my bank. I had paid in full by debit card and only wish it had been a credit card! Was told I could buy my sofa cash (to the van drivers) with a 10% discount - if I still wanted it. Do you think I could get away with agreeing to that, having it delivered and then getting a heavy mob to tell the delivery men to get lost, after all I have already paid for the sofa once aleady!!! Total rip off. Makes me mad they are still trading as if nothing has happened.
Published prior to March 2014
By mab1067
Entered agreement for sofas in January for delivery in June. No contact rom anybody as yet. Called Credit company who suggest we may have to honour agreement. No goods, so i dont think so. Does any body have an idea where we would stand. Surely if no items delivered we dont pay for them??
Published prior to March 2014
By Stuart2112
We ordered a sofa from these people aswell,delivery was due now but we got a phone call last week from the store manager in glasgow telling us about administration,he said to contact my bank to get my money back(i had paid in full with a card),he said he would send a letter stating WOS were in administration,still waiting on the letter and no answer when i phone them either,thank god my bank has said i will get my money back anyway.
The store manager did say that he was 95% sure we would still get our sofa with 10% off,but with all the comments here about sofas falling apart then i dont think i want it now.
We shall see
Published prior to March 2014
By hayley
we ordered our sofa dec 31st and put 130 deposit, told the sofa will come beginning of may. only through browsing the net we have discovered that the company has went into administration, so went to the store that day and asked what will happen and were told we would recieve the goods, however with no proof and nothing else to say, he was very vague. dont know whether to believe this or not. has anyone had any experiences like this or know what my rights are?
Published prior to March 2014
By shirl
We ordered a Sofa form this company in December. We recieved a letter today to advise that company have gone into Adminisration, and that we will not be honoured our deposit back. They have offered to sell us the goods with a 10% discount.
Published prior to March 2014
By the observer
Makes you proud to be British doesn't it. This just highlights what a disgraceful and disgusting set of company law we peddle in this country. If you want to have a gamble with other peoples lives and money...go ahead, there aren't any consequence. These serial del boys are living proof that you can spend other peoples money living the high life. In fact this is Mr Dowdall's third or fourth attempt at this. A fine example of Great British business.

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