Tag Archives: administration

Builders’ merchant Huws Gray has bought the Thornbridge timber merchants in Ayr from the administrators of its parent company the National Timber Group. Eddie Hernon, managing director at PDM Huws Gray, said: “Following our recent investment in our flagship timber mill in Grangemouth, the expansion of our timber merchanting capabilities …

Premier Forest Products has acquired engineered timber specialist National Timber Systems, previously part of National Timber Group England, which went into administration in late November. The acquisition safeguards 160 jobs at NTS, with plans to grow this number to 250. National Timber Systems supplies national and regional housebuilders, as well …

Timber company Premier Forest Products has acquired two Arnold Laver locations – Manchester and Reading – from the administrators of the National Timber Group England. The move secures 36 jobs at the two sites, with plans to increase that number to over 100 as the branches are rebuilt. The acquisition …

Joint Administrators of the National Timber Group, Michael Magnay, Gemma Quinn and Jonathan Marston of Alvarez & Marsal have been appointed today (November 26).  The Group has been placed into administration following a difficult trading period and resultant liquidity challenges. This follows the notice of intention to appointment administrators filed …

Waterline, the kitchen furniture, appliance, sinks, taps and ancillary kitchen products supplier has ceased trading. Alex Cadwallader and Dane O’Hara from Leonard Curtis were appointed as Joint Administrators of Waterline Limited on 9th October 2025. The Waterline board of directors had decided to market and sell the business, however the …

 Following the news that Troy (UK) Limited, the network and distributor of tools and maintenance supplies, is in administration, buying group NMBS is offering immediate support to both independent merchants and suppliers within Troy’s member community. Chris Hayward, NMBS CEO explained: “With almost 40 years of trading and a strong heritage …

Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt. It is a truth, universally, accepted, that a journalist in want of a story, must be attracted by tales of bad news as well as good. Bad news is good news when …

Paintwell, the deorators’ merchant that bought Kent Blaxill in November 2022, has been bought out of administration by the family-owned decorators merchant chain Brewers Group. The company had been owned by  private equity firm Cairngorm Capital, which also owns builders merchant group IBMG, and National Timber Group. The deal with …

The sum of love is what you have to pay for it and any time you get it cheap you have cheated yourself. ‘Never again’, ‘lessons will be learned’, ‘preventative measures’: all phrases that are trotted out in the aftermath of disaster, phrases that, all too often, are just that. …

Builders and timber merchant Hitchcock & King which trades from six branches across south and south west London has appointed Steve Absolom and Nick Holloway from Interpath Advisory as Joint Administrators of Hitchcock & King Enterprises Limited on 31 July 2024. The company, with branches in Ashford, Burgh Heath, Fulham, …