I was looking on the old craft central forum and found that the name and stock have been taken over by someone new and they have posted the following on the site:-
"As the new owners of Craft Central Ltd. I would firstly like to offer my sympathy to all staff for what they have gone through in the previous few months. On the 14th of January we acquired of the trading name and stock from the administrators, I would like to thank both ‘Susic’ and ‘Cake n craft’ for their assistance in this matter. Despite several rumors on this and other forums, I can clearly state that there is no any connection between the new owners of Craft Central Ltd and the previous owners. We have acquired the company with the intention of relaunching Craft Central, locations of the shops will be very much dependent on the willingness of the garden centers to operate shops on a franchise basis, and number have already expressed an interest in doing so (and hopefully re-employee craft central staff). A select few of the shops will be reopened and operated by ourselves. We would ask all customers and staff to be patient with us a little bit longer, as I'm am sure you all will appreciate, it will take a little bit of time to unravel the mess left. The philosophy of the new company will be one that listens closely to its staff and customers I would therefore appreciate any suggestions you may have regarding the future development of Craft Central."
So for those of you in other areas you may get your craft shop back - fingers crossed!