Children’s furniture company Aspace Holdings Limited – formerly Aspace Limited – has revealed it plans to make a comeback ‘over the next few months’, four months after entering a Company Voluntary Arrangement (CVA).

Announcing the news on its official website, Aspace said that its new leader will be Severine Thirion, who was previously head of operations, while Lisa Conduit, head of customer service and Andy Collier, product check-in and dispatch co-ordinator, return.

Wiltshire-based Aspace moved into a Creditors Voluntary Liquidation with Joseph Sadler of Elwell Watchhorn & Saxton being appointed as liquidator on 14 April 2016 after the firm racked up a creditor bill of over £4.2m and consequently ceased trading.

However, the company plans to make a sensational comeback, streamlining its product offer, as well as it staff and operations, whilst remaining in talks with key suppliers to ‘reintroduce’ its most ‘popular products over the coming few months’.

Caspar Williams, Aspace chairman, said: “We are delighted to be getting back in touch to tell you that we are staging our comeback over the next few months. Our ranges will be smaller, the team is smaller, in fact the whole operation is smaller but we have retained all of our passion and expertise for creating top quality products and a special space for your children.

“We feel really positive about being back and hope that you will support us in our new venture. With Severine at the helm, we have a really great team on hand to continue to build the Aspace brand.”

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