Dewsbury-based Kozee Sleep Beds’ 180 staff facing redundancy

Employees at the Dewsbury-based bed and mattress manufacturer Kozee Sleep Beds Ltd could soon find themselves without a job.

Joint Administrators from KPMG have been assigned to Kozee Sleep Beds as well as its subsidiaries, Restus Beds Limited and Hick Lane Bedding Limited, in addition to a property investment company within the group, Hick Lane Properties Limited.

Shortly after the the appointment of Jonny Marston and Howard Smith of KPMG’s Restructuring practice on Tuesday 19th May 2015, all companies ceased trading.

As KPMG’s Joint Administrators review the business’ financial situation and current position, to determine its options for the future, all of Kozee Sleep Beds’ 180-strong staff have been notified about potentially being made redundant and sent home from work.

Jonny Marston, Joint Administrator and Restructuring Partner at KPMG, said: “Our first priority upon appointment is to assess the company’s financial position and operations with a view to informing our next steps in fulfilling our statutory duties, trying to secure continued employment wherever possible and maximising the realisations available to creditors.”

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