Overview
- Gossard Limited ceased trading and entered liquidation on May 14, 2026, and CFS Restructuring was appointed to manage the wind-down and sell the company's assets.
- Liquidators say they will sell stock, brand assets and equipment, but their filings show low expected realisations from inventory, with Gossard stock valued at about £642,993 expected to raise roughly £17,400 and Embody stock valued at about £947,257 expected to raise roughly £35,300.
- The statements of affairs list major creditor claims, including 25 suppliers claiming £2,482,763 and an HMRC claim of about £346,191 for Gossard, producing a projected shortfall of roughly £2,813,604 and a separate projected shortfall of about £1,025,117 for Embody.
- All UK staff were made redundant after the businesses stopped trading, leaving former employees and local suppliers facing unpaid wages and invoices that are unlikely to be fully covered by asset sales.
- The liquidation applies only to the UK trading entities owned by a Hong Kong parent and does not affect the company’s European or other non-UK affiliates, and the closures mark the end of more than a century for a Nottingham brand that introduced the Wonderbra to Britain.