Job losses as CTD Tiles store in Harlow closes

Business / Tue 20th Aug 2024 at 07:34am

CTD Tiles, one of the UK’s biggest tile suppliers, has shut 56 of its stores after falling into administration.

This includes the store on Edinburgh Way in Harlow.

The company, which ran 86 stores across the UK and employed 425 staff, fell into insolvency on Monday after coming under pressure from a downturn in the home improvement sector.

Administrators from Interpath Advisory said competitor Topps had struck a deal to buy CTD’s brands, intellectual property, stock, 30 stores and operation of distribution sites in Leeds and Kings Norton, Birmingham, for around £9 million.

James Lumb, managing director at Interpath Advisory and joint administrator of CTD Tiles, said: “The transaction with Topps Group provides continuity for a considerable number of staff and stores as part of a major tiles group.

“Regrettably, the remaining sites have closed, which has resulted in redundancies.

6 Comments for Job losses as CTD Tiles store in Harlow closes:

Whatever.

2024-08-20 10:28:26

They have been bought by Topp's Tiles.

David Forman

2024-08-20 11:23:35

Topps are only keeping 30 out of 86 stores. Obviously, this means 56 will close, including the Harlow store. A sad day for the workers losing their jobs. The increased cost of mortgages are having their effect on the DIY market.

David Forman

2024-08-20 11:27:35

This article from October last year gives some background: https://www.solihullobserver.co.uk/lifestyle/rising-costs-dampen-uk-home-improvement-industry/

Tracey Hartley

2024-08-20 19:31:50

So ive literally just ordered and paid for additional tiles for my half completed bathroom on thursday and was supposed to collect them on monday to find shop shut. No point in a refund unless they are going to refund me for the tiles ive already paid a tiler to fit and the cost of him as well. i just want MY tile, that I have paid for and own that are sitting in the Harlow branch so i can get on and fibish my half completed bathroom. I feel for the brilliant ladies that worked in the store who were doing an amzing job.

Tracey Hartley

2024-08-20 19:32:49

So ive literally just ordered and paid for additional tiles for my half completed bathroom on thursday and was supposed to collect them on monday to find shop shut. No point in a refund unless they are going to refund me for the tiles ive already paid a tiler to fit and the cost of him as well. i just want MY tiles, that I have paid for and own, that are sitting in the Harlow branch so i can get on and finish my half completed bathroom. I feel for the brilliant ladies that worked in the store who were doing an amzing job.

Gary Goodone

2024-08-20 20:35:44

That’s the spirit Tracey, leave a complaint on a story detailing people losing their jobs and possibly going to struggle to feed their families. Nice one.