List of Closed Ceramic Tile Distributors Stores 2024 & Locations: The ceramic tile industry has been rocked by the recent closure of 56 stores belonging to CTD Tiles, one of the UK’s largest tile suppliers. This significant development has resulted in the loss of 268 jobs and has left many in the industry and beyond questioning the future of ceramic tile distribution in the UK.
List of Closed Ceramic Tile Distributors Stores 2024
CTD Tiles, established in the 1960s, has been a prominent player in the ceramic tile market, offering a wide range of tiles and related products for both trade and retail customers. The company reported approximately £75 million in revenue over the past year.
However, despite its longstanding presence and substantial revenue, CTD Tiles faced insurmountable market challenges in recent months. According to James Lumb, managing director at Interpath Advisory and joint administrator of CTD Tiles, the company struggled as consumer and trade demand failed to recover in line with expectations.
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The Impact on Employees
The closure of 56 stores has had a profound impact on CTD Tiles’ workforce. A total of 268 employees have been made redundant as a result of the company’s collapse. This has not only affected the livelihoods of these workers but has also raised concerns about the broader implications for the ceramic tile industry and the communities where these stores were located.
The Rescue Deal by Topps Tiles
In a glimmer of hope amidst the closures, rival company Topps Tiles has stepped in to acquire 30 of CTD Tiles’ stores and two distribution sites in a rescue deal worth around £9 million. This acquisition includes CTD’s brands, intellectual property, stock, and the operation of distribution sites in Leeds and Kings Norton, Birmingham.
Rob Parker, Topps Group chief executive, expressed optimism about the acquisition, stating, “The CTD brand and assets are an excellent fit with our existing business and the acquisition creates a new and complementary specialist tile business within the Topps Group”.
Here is a list of the stores that have been immediately shut and those that have been saved:
56 store closures:
- Aintree, Liverpool
- Ashford, Kent
- Aylesbury, Buckinghamshire
- Basildon, Essex
- Blackpool, Lancashire
- Bolton, Lancashire
- Brierley Hill, West Midlands
- Cambridge Central, Cambridgeshire
- Canterbury, Kent
- Carlisle, Cumbria
- Chelmsford, Essex
- Chester, Cheshire
- Colchester, Essex
- Coventry, Warwickshire
- Cricklewood, Greater London
- Croydon, Greater London
- Denton, Greater Manchester
- Derby Ascot Drive, Derbyshire
- Dundee, Scotland
- Eastbourne, East Sussex
- Exeter, Devon
- Falkirk, Scotland
- Gateshead, Tyne and Wear
- Glasgow Helen Street, Scotland
- Hanwell, Greater London
- Harlow, Essex
- Huddersfield, West Yorkshire
- Ipswich, Suffolk
- Kilmarnock, Scotland
- King’s Lynn, Norfolk
- Leeds, West Yorkshire
- Lincoln, Lincolnshire
- Livingston, Scotland
- Maidstone, Kent
- Newcastle North Shields, Tyne and Wear
- Newcastle West Kingston Park, Tyne and Wear
- Northampton, Northamptonshire
- Peterlee, Scotland
- Plymouth, Devon
- Portsmouth, Hampshire
- Preston, Lancashire
- Rochdale, Lancashire
- Rotherham, South Yorkshire
- Slough, Berkshire
- Southampton, Hampshire
- St Albans, Hertfordshire
- Stirling, Scotland
- Stratford Upon Avon, Warwickshire
- Sunderland, Tyne and Wear
- Sutton Coldfield, West Midlands
- Swindon, Wiltshire
- Tonbridge, Kent
- Uxbridge, Greater London
- Wembley Stadium, Greater London
- Weston-Super-Mare, Somerset
- Whetstone, Leicestershire
30 Stores rescued by Topps:
- Aberdeen, Scotland
- Basingstoke, Hampshire
- Birkenhead, Merseyside
- Cambridge Bar Hill, Cambridgeshire
- Chichester, West Sussex
- Coatbridge, Scotland
- Coulsdon, Greater London
- Crawley, West Sussex
- Darlington, County Durham
- Dorking, Surrey
- Edinburgh Seafield, Scotland
- Edinburgh Stenhouse, Scotland
- Fakenham, Norfolk
- Farnham, Surrey
- Glasgow London Road, Scotland
- Hampton, Greater London
- Hull, East Yorkshire
- Inverness, Scotland
- Newbury, Berkshire
- Newcastle Under Lyme, Staffordshire
- Norwich, Norfolk
- Nottingham, Nottinghamshire
- Perth, Scotland
- Peterborough, Cambridgeshire
- Poole, Dorset
- Stockton, County Durham
- Warrington, Cheshire
- Watford, Hertfordshire
- Wimbledon, Greater London
- Woking, Surrey
The Future of the Ceramic Tile Industry
The closure of CTD Tiles stores and the subsequent acquisition by Topps Tiles highlights the volatile nature of the ceramic tile industry. Market conditions, consumer demand, and competition are all factors that can significantly impact the stability of businesses within this sector. As the industry continues to evolve, companies will need to adapt to changing market dynamics to ensure their survival and growth.
For the employees affected by the closures, the future remains uncertain. While some have been able to transition to roles within Topps Tiles, others are left seeking new employment opportunities. The broader implications for the ceramic tile industry and the communities that relied on these stores will continue to unfold in the coming months.
Conclusion
The closure of 56 CTD Tiles stores marks a significant moment in the ceramic tile industry. While the acquisition by Topps Tiles offers a glimmer of hope, the impact on employees and the broader market cannot be overlooked. As the industry navigates these challenging times, the resilience and adaptability of businesses will be crucial in shaping the future of ceramic tile distribution.
