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Leicester Clothing Firm Collapses in Debt
Description
A Leicester-based clothing firm, Figa Store Limited, has collapsed after 17 years in business, leaving behind over a million pounds in debt and 44 former employees jobless. With HMRC owing nearly 950K, creditors including local councils face little to no recovery as assets barely cover 100K. Ironically, their website still proudly claims they’ve produced over a million garments and worked with UK brands — a chilling reminder of how fast fortunes can vanish in business.
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