The shop has been trading for more than 20 years and has been owned by directors Lynette Harvey and Kristina Read since 2007 when they acquired the business from TM Kingdom, which had itself fallen into administration the previous year. Tinetty’s remained part of Toymaster, of which TM Kingdom was also a member.
However, Chris McKay and Chris Williams from East Anglian insolvency practice McTear Williams & Wood, who were appointed at administrators on February 13th, said the Sudbury store’s sales had been severely affected in recent times by a combination of the economic downturn and a number of local factors.
Mrs Harvey said these had included a loss of footfall for a three-month period last year when access to Gaol Lane from Market Hill was partly obscured by scaffolding and plastic sheeting erected as part of renovation work on the town hall. Last December, she also voiced disappointment that the town council’s Christmas lighting scheme had not extended into Gaol Lane, a decision the council said was due to a combination of funding constraints and technical issues.
If you would like to receive our daily newsflash email, please enter your email address in the “sign-up” box at the top of the page; you can also follow us on Twitter and Facebook and request a print subscription here.