SUY Scs Upholstery

    RNS Number : 4254W
  ScS Upholstery PLC
  11 June 2008
   

 For Immediate Release  11 June 2008


    ScS Upholstery PLC ("ScS" or "the Company")


    Credit insurance


    Following the publicised withdrawal or tightening of credit insurance terms for the furniture retail sector, the Company has been
notified that one company has withdrawn credit insurance for ScS, affecting the working capital facilities of some of our principal
suppliers. 
    ScS is in discussions with each of the suppliers affected and is continuing to trade with them in the normal course of business whilst
various financing options are being reviewed. 

    The Company will issue further announcements as appropriate.


    Enquiries:

 David Knight             0191 5146054
 ScS Upholstery PLC

 Nicola Cronk             020 746 65000
 Buchanan Communications

This information is provided by RNS
The company news service from the London Stock Exchange
 
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