UK's largest manufacturer of ceramic tiles enters administration

Thu, 31 Jan 2019 | ADMINISTRATION



Based in Newton Abbot in Devon, British Ceramic Tile Limited has gone into administration.

The UK’s largest manufacturer and distributor of ceramic wall and floor tiles, the company employs 380 people across the country and also has a site in Cleckheaton, Yorkshire.

Partners at specialist business advisory firm FRP Advisory LLP, Alastair Massey, Tony Wright and Andrew Sheridan, have been appointed as joint administrators.

Losing a key customer contract recently was cited by the company as the reason for the administration.

Andrew Sheridan said: “British Ceramic Tile Limited is a leading player in the manufacturer of ceramic tiles, with a longstanding heritage in the local communities in which it operates and a stellar reputation for its quality products.

“Unfortunately, challenging trading conditions and the termination of a key customer contract in recent days have forced the business to enter administration and cease trading with immediate effect.

“We are currently providing support to the affected employees [...] In the meantime, we would urge any parties interested in acquiring the business to contact us as soon as possible.”

Established in the 1850s and a long-standing British heritage, British Ceramic Tile showcases a unique and extensive product range including ceramic, porcelain, glass and natural stone tiles. The firm also offers a range of options in wall, floor and multi-use purposes from their state of the art factory.

A specialist business advisory firm, FRP Advisory possesses a distinctive strategy with a commercial and compassionate approach. The company has offices across the UK and specialises in restructuring, pensions, forensic services, corporate finance and debt advisory.

For more news stories about administrations click here. For all our administrations listings, click here.


Share this article



Latest Businesses for Sale

Automotive Suspension & Braking Systems
South Yorkshire, Yorkshire and the Humber, UK

Long established & highly regarded camper van suspension, braking systems design/supply/fitting and repairs specialist with impressive national and international reputation. Offers invited.

Asking Price: £963,000
Turnover: £329,889

LEASEHOLD


Fencing & Barrier Solutions Provider
North West, UK

Provides temporary fencing and barrier products such as police barriers, traffic barriers, hoardings, picket fencing, roadways, walkways and scaffolding, as well as erection and project management services. Offers Invited.

Asking Price: Offers Invited
Turnover: £526,000

FREEHOLD


Industrial & Environmental Cleaning & Property Specialist
Hampshire, UK Wide

Providing a wide array of cleaning, reactive property and pest control services which stretch from the domestic sphere to private and public commercial sectors, the business has acquired an outstanding reputation in its field. Offers invited.

Asking Price: Offers Invited
Turnover: £453,777

RELOCATABLE



View more businesses for sale

News Search

Latest News

 
14
 
Feb
 

London corporate advisory business Stockdale sold for up to 5.9 earnings multiple | BUSINESS SALE

Corporate advisory and security business Stockdale Securitie...

 
14
 
Feb
 

Hollywood Cinemas call in administrators | ADMINISTRATION

A chain of East England cinemas has been forced into adminis...

 
12
 
Feb
 

World’s "oldest department store" enters administration | ADMINISTRATION

Deemed to be the world’s oldest department store, havi...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

Arjowiggins UK, which operates a number of trading companies...

 
17
 
Nov
 

Warm Zones enters administration | ADMINISTRATION

A North Shields-based non-profit business dedicated to helpi...

 
16
 
Oct
 

Bloodhound Programme enters administration | ADMINISTRATION

The Bristol-based company that commissioned the project to b...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources