At Risk of Administration CTD Tiles Now Seeks Buyer - From TTA

At Risk of Administration CTD Tiles Now Seeks Buyer - From TTA

According to Sky News, CTD Tiles is on the brink of administration and reportedly filed a notice of intention to appoint administrators on Monday 5th August. This provides ten days of security to find a buyer before CTD Tiles officially heads into administration.

The company was acquired by former Body Shop owner Aurelius in 2022 and now trades from 87 stores and employs about 400 people, sadly whose jobs are potentially at risk.

CTD Tiles in Adminstration | Stiled, Topps, Buy

Find 53 out of 86 CTD Stores Will Remain Open Advice and Help. How-to 53 out of 86 CTD Stores Will Remain Open in the Tiling News; Tile News advice boards on Tiling Advice | TilersForums.com. 53 out of 86 CTD Stores Will Remain Open on TilersForums.com Tiling Advice Forum.

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Discussions are said to have taken place between Aurelius and key stakeholders in recent months. The identity of prospective buyers is currently unclear.

Edited by Dan to add this link.

Nigel Peacock on LinkedIn: Why Work At Tile Giant?

To the CTD Tiles Team, We know that yesterday brought some difficult news with the closing of 56 stores, and our hearts go out to all of you who have been…

www.linkedin.com

The post At Risk of Administration CTD Tiles Now Seeks Buyer appeared first on The Tile Association.

At Risk of Administration CTD Tiles Now Seeks Buyer - To continue reading...

 

[Dave]

Topps Tiles has completed acquisition of CTD Tiles out of administration

Topps Tiles has today completed the acquisition of the brand and "certain assets" of CTD Tiles out of administration.

www.retail-week.com

 

[bsc ceramics]

Shame about the other 56 stores and the redundancies. Is your branch staying Dave?

 

[Dave]

Shame about the other 56 stores and the redundancies. Is your branch staying Dave?

Yes Darlington and Stockton are staying, the rest of the northeast branches are shut.

 

[honestjas]

All in all a very sad day for me , been using CTD since I finished my time 37 years ago . I feel for the staff especially the ones that I know have been there longer than that ☹️

 

[Dave]

All in all a very sad day for me , been using CTD since I finished my time 37 years ago . I feel for the staff especially the ones that I know have been there longer than that ☹️

You must be northeast based then are you

 

[honestjas]

Glasgow

 

[Dave]

Glasgow

Just wondered as ctd were only northeast based that long ago when the brothers owned it before they sold out and then they started to open stores further afield.
It’s a shame stores had to close tbh but at least some are staying put.
Do you have any independents you can use.

 

[honestjas]

not really , looks like it’ll be Topps tiles and Porcelanosa for me for grout and adhesive etc …although my main adhesive is Mapei p9 ,( I managed to get in on Monday and take their last 30 bags , before they closed 😊)and nowhere stock this up here , found somewhere on line that will deliver tho for a small charge , and as regards tile trims I buy them online now anyway …its a hassle for me as your just used to popping in and getting what you need , but the staff , who are almost pals now , are the ones who I feel for most …. I really can’t believe that they can go under considering how busy they were 🤷‍♂️

 

[Dan]

A nice Tile Giant offer.

Nigel Peacock on LinkedIn: Why Work At Tile Giant?

To the CTD Tiles Team, We know that yesterday brought some difficult news with the closing of 56 stores, and our hearts go out to all of you who have been…

www.linkedin.com

 

[Dan]

CTD Tiles in Adminstration | Stiled, Topps, Buy

Find 53 out of 86 CTD Stores Will Remain Open Advice and Help. How-to 53 out of 86 CTD Stores Will Remain Open in the Tiling News; Tile News advice boards on Tiling Advice | TilersForums.com. 53 out of 86 CTD Stores Will Remain Open on TilersForums.com Tiling Advice Forum.

www.tilersforums.com