John Pye Auctioneer made up to secure furniture stock listings

Due to difficult economic conditions, the high-value retailer, Made.Com Design Limited appointed administrators from PricewaterhouseCoopers LLP (PwC) to manage its affairs, business and property on the 9th November 2022.

PwC has this week appointed John Pye Auctions to put the Made.com stock to the market, through its network of over 700,000 customers and 1,000,000 sq ft of sale space.

All of the UK stock from Made.com is included in the inventory, which comprises several thousands of upholstery, home furniture, outdoor and leisure, home accessories and lighting items.

Adam Pye, Managing Director at John Pye, commented: “John Pye Auctions is deeply saddened by the nature of this case, having worked as close partners with Made.com Design Limited for over six years. We’ve formed relationships with many staff members. We wish all the very best to everyone negatively affected.

“As with any insolvency of a great British brand such as Made.com, there are always the tragedies of redundancies and loss. It is John Pye Auction’s role to realise the best we can for all creditors of the company. Thanks to our long-standing partnership with Made.com Design Limited, we have a customer base who are familiar with buying this type of stock, so we hope to be able to realise a positive return for creditors.”

John Pye has established itself as a reliable sale avenue which administrators across the UK choose to partner with for high level public interest cases. The firm’s ability to adapt to specific job requirements and its flexibility of service, from stock collection to end-consumer sale within any range of discretion, means administrators can approach the John Pye team with a problem and they can guarantee a solution.

Earlier this year it worked with the administrators for Sofa Workshop to handle the sale of ex-display showroom stock and sell off a range of furniture and homewares, including 800 sofas. As well as handling the sale of Sofa Workshop’s trading name, website and intellectual property.

Trevor Palethorpe, Joint Head of John Pye Business & Property added: “Our large UK footprint of close to 1,000,000 sq ft of sale space and a nationwide workforce of over 700 staff ensure we can handle the largest of insolvency cases. We have systems and knowledge to ensure we can sell the stock within the market at the highest level of efficiency and return for the Made.com Design Limited creditors.

“While it is an incredibly difficult situation, it does also present buyers with the rare opportunity to bypass industry-wide, growing wait times for furniture delivery. Made.com enthusiasts and customers have the chance to add new home pieces and buy furniture of the highest quality, at bargain prices, just in time for Christmas.”

The totality of Made.com Design Limited’s remaining inventory is to be sold via John Pye various sales mechanisms, including over 1,000 truckloads of in excess of 5,000 unique product lines of various quantities.

Stock will be available at www.johnpye.co.uk from week commencing 21st November.

Trevor adds: “We expect an influx of new customers due to the nationwide interest of this case and the unique and loved nature of Made.com. We encourage any interested parties to visit our auction website, for a last chance to secure this stock at a rare price.”

All interested parties for stock purchase should contact [email protected] to discuss with John Pye Auctions Trade Team.

For more information, please visit www.johnpye.co.uk/made.

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