A FURNITURE store in Huddersfield has closed for stocktaking by administrators running the troubled Courts chain.

The store at Great Northern Street Retail Park is one of seven Courts stores in Yorkshire and 88 outlets across England and Wales to close.

Administrators from insolvency practice KPMG Corporate Recovery were called in by Courts directors after the company failed to reach agreement with creditors over plans to restructure its debts.

Joint administrator Mick McLoughlin said all the UK stores had been closed to allow administrators time to do a stocktake.

He said the stores would reopen as soon as possible. Trading in Courts shares had been suspended.

He said the administrators would be writing to customers who had paid deposits for goods not received. Customers who had paid deposits by credit card were advised to seek a refund from their card provider.

A customer helpline has been set up on 0870 9501333.

Courts, formed in 1850, has suffered from losses over the past few years.

The company has about 2,500 staff in the UK where annual sales total about £250m.

"Courts has suffered from an increasingly competitive UK marketplace and tight margins," said Mr McLoughlin.

He said the administrators would issue another statement in the next few days.