Twenty jobs are thought to have been lost at a fashion firm which has gone into liquidation owing almost £470,000.

Spirit, a family-run business based in Devizes, began trading in 1999.

Chartered accountancy firm Mazars, which has been appointed liquidators, said that at its peak the firm had a £1 million turnover but had been a victim of the recession.

Stores in Marlborough and Frome, Somerset, already have new tenants but the Bradford on Avon store is not expected to re-open.

The shop in Devizes and the company's assets are expected to be sold in the near future, a spokesman for Mazars said.