business

Tradesmith Ltd Falls Into Administration

In a message posted on Linkedin on Monday, it was announced that Tradesmith Ltd had been placed into administration after 31 years of trading. This follows on from the administrations of Euramax and then Prime Glazing Supplies within the last fortnight. Managing Director Mark Hutchinson posted the following on social media: I am [...]

By |2024-03-13T00:15:11+00:00March 13th, 2024|Categories: business, double glazing industry|

Prime Glazing Supplies Files For Administration

Q1 of 2024 is proving to be a tough one for parts of the sector, as Prime Glazing Supplies in Bolton files for administration. A fabricator of PVCu and aluminium products, the company had set up a distinctive brand with a number of ranges monikered under the "Prime" name. They become the latest in [...]

By |2024-03-07T00:39:10+00:00March 7th, 2024|Categories: business, double glazing industry|

Euramax Fall Into Administration

The tough start to the year continues as Barnsley-based Euramax, a supplier of windows and doors into the new-build and caravan sectors has fallen into administration. A victim itself It has been postulated online, via LinkedIn, that Euramax was in itself a victim of the collapse of Ilke Homes. Ilke Homes collapsed in June [...]

By |2024-03-04T22:45:50+00:00March 4th, 2024|Categories: business, double glazing industry|

Evoframes Pre-Pack Sale To Rooms & Views

We always knew 2024 was going to be another tough year, and not long into this new year we have a notable administration in the name of Scotland-based Evoframes. The company was placed in administration with Begbies Traynor in January but has since been sold which has seen 76 jobs saved. But as we [...]

By |2024-02-02T14:38:03+00:00February 2nd, 2024|Categories: business, double glazing industry|

Profits In Line With Expectations At Eurocell

It is earnings season once again the fenestration sector as the largest publicly traded companies begin to report on their 2023 results. Eurocell have posted a trading update for the year ending December 31st 2023, and as the headline states, it is in line with their expectations for the year. They state that full [...]

By |2024-01-23T22:21:09+00:00January 23rd, 2024|Categories: business, double glazing industry|

Is Our Long-Distance Love Affair Over?

Bohle’s Managing Director Dave Broxton asks if our reliance on the Far East for cheap products is coming to an end. It would be easy to dismiss the unfolding drama in the Red Sea as an unfortunate episode if it were not for the experiences we shared in the wake of the coronavirus pandemic [...]

By |2024-01-19T16:01:00+00:00January 19th, 2024|Categories: business|

Brisant Acquires 3 Star Lock Business Deseo

On Friday 5th January Brisant Secure acquired the business and intellectual property of Deseo Locking Systems Limited for an undisclosed sum. Deseo, based in Braintree, is an innovative trailblazer with critical security patents to its name. The patented Deseo ALPS cylinder incorporates the UK and European patented Automatic Lock Protection System (ALPS). This system [...]

By |2024-01-15T21:28:58+00:00January 15th, 2024|Categories: business|

Endurance Acquisition Of BDC Aluminium Shows Major Intent

Last week Rocal, producers of Endurance Doors, announced that they had acquired Witham-based BDC Aluminium. It meant the year started with a bang as a company predominantly in the composite door space made a massive move into the aluminium side of fenestration. Given the size of Endurance and the huge client base they have [...]

By |2024-01-09T23:23:21+00:00January 9th, 2024|Categories: aluminium, business, double glazing industry|

Safestyle Are Back

Well, sort of. Just before Christmas and in the New Year it is likely you will have seen adverts from Safestyle seeking out installers, surveyors, sales reps and so on. Yes in what seems like a Christmas miracle Safestyle are back, after their demise in October of 2023. It's a little less simple than [...]

By |2024-01-08T22:54:24+00:00January 8th, 2024|Categories: business, double glazing industry|

Rocal Endurance Holdings Acquires BDC Aluminium

Rocal Endurance Holdings acquires aluminium fabricator BDC Aluminium. Rocal Endurance Holdings, renowned for its expertise in manufacturing composite doors, door panels, and specialist plastic extrusions, has solidified its market presence through the strategic acquisition of BDC Aluminium. The transaction, conducted for an undisclosed sum, marks a significant milestone in Rocal Endurance's growth trajectory. Founded [...]

By |2024-01-04T09:44:47+00:00January 4th, 2024|Categories: business|

Cornwall Group Acquires Forward Glass

Cornwall Group has acquired Birmingham-based Forward Glass in a transaction that completed on December 1st in the Group’s most substantial deal to date. Cornwall Group purchased 100% of the share capital of Forward Glass, the Midlands’ largest independent toughened glass manufacturer and stock distributor. The Company will continue to trade under its own name. [...]

By |2023-12-07T22:13:12+00:00December 7th, 2023|Categories: business, double glazing industry, Glass|

Anglian Windows Purchases Safestyle UK Order Book

In what is a ray of good news for homeowners who had been left in a very uncertain position by the demise of Safestyle UK, it has been announced that Anglian Home Improvements, trading as Anglian Windows, has bought the order book from the collapsed company as well as some other assets. Here is [...]

By |2023-11-10T15:57:10+00:00November 10th, 2023|Categories: business, double glazing industry|

Safestyle UK To Appoint Administrators

Following weeks of turmoil at the business, it was announced on the evening of Friday 27th October 2023 that Safestyle UK are to appoint administrators. They confirmed that they have not been able to find a buyer for the business or new investors to inject cash. The share price of the business has been [...]

By |2023-10-28T09:45:33+01:00October 28th, 2023|Categories: business, double glazing industry|

Safestyle Shares Suspended

In a new update published this morning by Safestyle UK, they have confirmed that shares in the business have been suspended. They published two updates this morning. Suspension of trading This is the confirmation that the company had requested shares to be suspended this morning: Safestyle UK plc (AIM: SFE.) provides the following update [...]

By |2023-10-27T14:10:49+01:00October 27th, 2023|Categories: business, double glazing industry|

Pilkington Group Posts £200m Loss

As if further evidence was needed as to the tough trading environment the glazing sector is in right now, accounts posted by Pilkington Group on Companies House show the company lost over £200m in the last financial year. This painful loss comes against a backdrop of very disturbed trading conditions as we have seen [...]

By |2023-10-26T22:20:08+01:00October 26th, 2023|Categories: business, double glazing industry|

Safestyle Seeks Sale As No New Cash Comes

In what will be another worrying trading update issues by Safestyle UK this morning, they have confirmed that there are no new investors coming with any fresh cash to restore stability to the business. Instead, they are now seeking a sale of the business or it's assets as what looks like a final attempt [...]

By |2023-10-26T10:29:09+01:00October 26th, 2023|Categories: business, double glazing industry|
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