Tile retailer ceases to trade; impacts over 100 jobs

Tile retailer and wholesaler Tile Choice has ceased trading after entering administration.

Tile Choice, which operates from 18 stores the East and West Midlands, filed a notice of intention to appoint an administrator, with Roderick Butcher and Richard Goodwin, both from Butcher Woods Corporate Recovery, appointed on 15 January 2024.

A short statement on its website said: “Unfortunately Tile Choice has ceased trading. If you have an outstanding order email: tilechoice@butcher-woods.co.uk with you order details.”

The business, which employs over 100 staff, posted a reduction in sales by 4.7% to £15.9m in its latest accounts ending 30 June 2022. Pre-tax profit resulted at £546,000, down from a profit of £910,000 recorded in the previous year.

Stated within its report, the company said the decline in turnover was largely due to the closure of one underperforming store but also a slight fall from the highs of the previous year under lockdown, while its online business has fallen as stores returned to being fully open.

Save this article for later

You can revisit this article if you save it as favourite news!

Leave a Comment