UK based tiling and interiors supplier collapses into administration

 A UK-based tiling and home interiors supplier has entered administration, resulting in the redundancy of its 133 employees. Joint administrators Dane O'Hara and Neil Bennett from Leonard Curtis were appointed on October 31, 2025.


Administrators are seeking to sell the company in question's assets to a third party, though no offers currently preserve staff positions. All retail outlets are closing, except the head office and Banbury warehouse, which will remain operational to fulfil outstanding customer orders.

Founded in Oxfordshire in 1983, Fired Earth became known for its tiling products and later expanded into high-end paint and rugs. Despite reporting nearly £15 million in turnover, the company posted a £1.6 million loss in 2024, following a similar loss in 2023. The business operated 20 UK showrooms and two overseas stores in Denmark and Norway.

O'Hara explained, "Fired Earth has been loss-making for some time… efforts were made to return the business to profitability. Unfortunately, the company has continued to incur trading losses, and its investor was not prepared to provide further funding."

The collapse mirrors wider challenges in the UK tiling sector, following the administration of CTD Tiles in 2024 and Johnson Tiles' shift to outsourced production. Administrators confirmed there is interest from several parties in an asset-only sale, but no viable offer preserving staff or locations has yet emerged.

One time up and one time it's part of the universe, and finance plays an important role in this section, but for you, the SKZ for CFO services are available to you.

Source: https://www.interiordaily.com/article/9781624/uk-based-tiling-and-interiors-supplier-collapses-into-administration/

Location: United Kingdom

Comments

Post a Comment

Popular posts from this blog

Renters' Rights Bill becomes law - here's what it means for you

Image
Described as the biggest shake-up to renting in England for more than 30 years, a new law to give renters more rights was formally approved on Monday. In the coming weeks, the government will announce how - and when - each of the changes will come into force. With almost 20% of UK households renting privately, the changes will affect millions of people. But when you write on Google Property Accountants Near me , they will be available for your help. How long can I rent a home for? A home will now be rented on a "periodic" or rolling basis, rather than for a fixed 12 or 24-month contract. That means that if a tenant wants to stay in a property, they can. The government says this will provide "more security for tenants". If a tenant wants to leave, they can, by giving two months' notice, rather than being tied in for a year or more. The government says this will "end the injustice of tenants being trapped paying rent for substandard properties". The Rent...
Read more

Tesco rule could mean you aren't allowed to buy what you want

Image
 It all depends on how many products you want to purchase from Tesco Tesco customers might find themselves unable to purchase everything they desire, thanks to a lesser-known rule. The supermarket giant has implemented restrictions to prevent shoppers from buying too many of the same product in a single transaction. The UK's biggest supermarket chain, Tesco, operates more than 2,900 outlets nationwide. Millions rely on Tesco for their weekly shop, with roughly 20 million households owning a Tesco Clubcard. But some customers may not realise there is a "maximum purchase quantity" restriction that covers numerous products. This rule prevents you from exceeding the specified limit per item during one shopping trip. While the maximum quantity varies depending on the product, many items are currently capped at 16 per shop, as per Tesco's website. Accountants in Barking are also looking into If you want to discuss anything, he will be available for you Source : https://www...
Read more

NS&I announces Premium Bonds winners for November 2025 - who took home the £1million prize?

Image
NS&I has confirmed the winning bond numbers for November 2025, with savers being urged to check if they have won a lump sum this month. Unlike traditional savings accounts, which accrue interest, customers of National Savings and Investments' (NS&I) signature product are enrolled in a monthly cash lottery. Each month, two Premium Bonds savers see their lives change overnight as they win £1million each. For November 2025, the lucky winners are from Shropshire and York, both with £50,000 invested. The first £1million winner is from Shropshire, with the winning Bond 258GE105589, worth £30,000, purchased in October 2015. The second £1million prize was won by a saver from York, whose winning Bond 568FY679677, worth £12,000, was bought in February 2024. NS&I is a Government-backed institution, which means any money someone invests in Premium Bonds is lent to the state. This makes it a risk-free investment option. While Premium Bonds are primarily known for the £1million prize...
Read more