‘Leading’ UK wardrobe firm facing court over £1m debts

Draks Interior Door Systems Limited, based in Upper Heyford, is the subject of a winding-up petition brought by HM Revenue and Customs, lodged on May 7 and due to be heard at the High Court on June 24.

The national firm has been one of the UK’s leading designers and manufacturers of design-led, premium quality wardrobes and room dividers for the last 25 years.

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Accounts filed for the year to September 30, 2024, show net assets of £24,770, down from £371,582 a year earlier, with current liabilities of just over £1m falling due within 12 months.

A winding up petition is a serious formal legal document presented to the court by a creditor (or sometimes a shareholder) to force an insolvent company into compulsory liquidation.

It is a powerful legal mechanism intended to close down a business that cannot pay its financial liabilities.

The business remains listed as open on Google, and there is nothing to suggest any difficulties on its website.

Draks Interior Door Systems Limited’s directors Chris Ayres and James Fletcher have been contacted for comment, but no response was given at the time of publication.

According to its website, Draks makes all its own wardrobes and door dividers on site in Oxfordshire.