North East independent beds and mattresses retailer Slzzp has been placed into administration.

Paul Kings and Lynn Marshall, both of KRE (North) Limited, were appointed as joint administrators of Cav Sleep Limited, trading as Slzzp, on 20 January 2026.

Slzzp had stores in three locations, including New Bridge St in Newcastle, Park Lane in Sunderland and Stamfordham Rd in Westerhope.

Detailed in its latest filed abridged accounts to 30 September 2024, the business stated a net cash balance of £32,000, down from £49,000 the previous year, with net assets valuing £2,300, down from £40,600.

It reported a loss of £12,769 for the period, down from a profit of £17,516 in 2023.