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Bathstore
Bathstore is a British bathroom specialist, founded in 1990 by Nico de Beer and Patrick Riley in Croydon, South London. It expanded nationally, reaching 168 showrooms by the mid-2010s. In July 2019, Homebase rescued Bathstore’s intellectual property and 44 showrooms from administration. The final standalone Bathstore showroom would close in March 2022, as Homebase had focused on incorporating Bathstore showrooms inside its main store portfolio. In November 2024, Homebase itself entered administration. CDS Superstores (The Range) rescued both the Homebase and Bathstore intellectual properties, with plans to place Bathstore showrooms inside their stores, as well as sell Bathstore items online through their re-launched version of Homebase.co.uk. History Bathstore was established in 1990 by Patrick Riley and Nico de Beer, with the idea to bring quality design-led bathrooms to more customers. The company published one catalogue that contained all its products for the complete b ...
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CDS Superstores
CDS (Superstores International) Limited (trading as The Range) is a British variety store and garden centre retailer, originally founded as Chris Dawson Superstores in 1989 as a single store in Plymouth. In the 1990s, it became a chain and was rebranded to 'The Range', establishing a presence across the South West by the end of the decade. In the 2000s, it engaged in rapid nationwide expansion and became one of the UK's fastest growing retailers. In September 2023, it acquired the Wilko brand and website from administration, and returned Wilko stores to the high street in December of that year. In November 2024, it acquired the Homebase brand and up to 70 of its stores from administration, rebranding these stores as The Range. The company also refocused its garden centres and kitchen showrooms as Homebase-branded concessions, as well as acquiring the Bathstore brand and relaunching Homebase.co.uk. History In 1966, Chris Dawson left school with no qualifications, and sta ...
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Homebase
Homebase was a British Home improvement center, home improvement and garden centre retailer that operated across the United Kingdom and Ireland. It was founded by British supermarket chain Sainsbury's and Belgian retailer GIB Group, GB-Inno-BM in March 1981, as Sainsbury's Homebase. By the end of the 1980s, it opened its fiftieth store, making it the UK's fourth biggest home improvement retailer. The retailer purchased rival Texas Homecare in January 1995, which helped grow its market share to third place, behind B&Q and Focus DIY, Focus-Wickes. In 1999, it was renamed to Homebase, and then sold to Schroder Ventures in December 2000. In November 2002, it was sold to Argos Retail Group, which later became Home Retail Group in October 2006. In January 2016, Wesfarmers purchased Homebase in a botched attempt to convert the stores to its Bunnings, Bunnings Warehouse format, ultimately losing £1 billion in total. In August 2018, Homebase was sold to restructuring firm Hil ...
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Wolseley UK
Wolseley UK is a supplier of building materials, with trade customers (plumbers and builders) accounting for the largest proportion of its sales. Wolseley are the largest trade specialist in plumbing and heating in the UK. It has retail showrooms around the United Kingdom which are open to the general public. History The Wolseley business began in 1887 making sheep shearing machinery, by Frederick York Wolseley. Herbert Austin, who had worked on Wolseley's shearing machinery development in Melbourne, Australia from 1887, when he was aged just 20, was appointed its manager and received a share of its equity. Seeking other suitable products, Austin designed his first car in 1896, and for the next four years, continued to develop and improve his designs. Though the board did allow Austin to purchase some machinery to build cars, they decided around 1900, it was unlikely to be a profitable industry. In 1901, Wolseley's embryo car business was acquired by Vickers, Sons and Maxi ...
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Turnaround Management
Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and return them to solvency, and to identify the reasons for failing performance in the market, and rectify them. Turnaround management involves management review, root failure causes analysis, and SWOT analysis In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, , and Situation analysis, situational analysis) is a decision-making technique that identifies the strengths, weaknesses, opportunities, ... to determine why the company is failing. Once analysis is completed, a long term strategic plan and restructuring plan are created. These plans may or may not involve a bankruptcy filing. Once approved, turnaround professionals begin to implement the plan, continually reviewing its progress and make changes to the plan as needed to ensure the company returns to solvency. Turnaround managers Turnaround ma ...
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Companies Based In Watford
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Home Improvement Companies Of The United Kingdom
A home, or domicile, is a space used as a permanent or semi-permanent residence for one or more human occupants, and sometimes various companion animals. Homes provide sheltered spaces, for instance rooms, where domestic activity can be performed such as sleeping, preparing food, eating and hygiene as well as providing spaces for work and leisure such as remote working, studying and playing. Physical forms of homes can be static such as a house or an apartment, mobile such as a houseboat, trailer or yurt or digital such as virtual space. The aspect of 'home' can be considered across scales; from the micro scale showcasing the most intimate spaces of the individual dwelling and direct surrounding area to the macro scale of the geographic area such as town, village, city, country or planet. The concept of 'home' has been researched and theorized across disciplines – topics ranging from the idea of home, the interior, the psyche, liminal space, contested space to gender an ...
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Administration In United Kingdom Law
Administration in United Kingdom law is the main kind of procedure in UK insolvency law when a company is unable to pay its debts. The management of the company is usually replaced by an insolvency practitioner whose statutory duty is to rescue the company, save the business, or get the best result possible. While creditors with a security interest over all a company's assets could control the procedure previously through receivership, the Enterprise Act 2002 made administration the main procedure. History The Insolvency Act 1986, Schedule B1 contains the procedure for a company entering administration, as updated by the Enterprise Act 2002. It was first introduced following the Cork Report's priorities for transparency, accountability and collectivity and, crucially, fostering a rescue culture for business. Appointment In general the conditions for a court to grant an administration order are first, whether the company is insolvent, or 'is or is likely to become unable to ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Endless (private Equity)
Endless is a British private equity firm. It is headquartered at Ground Floor, 12 King Street, Leeds, with an office at 102 Park Street, London W1. In 2017, Endless bought Jones Bootmaker, saving 840 jobs according to BBC. Endless has also invested in West Cornwall Pasty Company, Crown Paints, and Theo Fennell. In April 2006, the firm acquired GlynWebb, which it sold on four months later. In March 2011, Endless acquired T. J. Hughes for an undisclosed sum. In July 2017, the firm bought the luggage company Antler Luggage from fellow private equity firm Lloyds Development Capital (LDC). In July 2018, it announced that The Works, which it bought out of administration Administration may refer to: Management of organizations * Management, the act of directing people towards accomplishing a goal: the process of dealing with or controlling things or people. ** Administrative assistant, traditionally known as a se ... (rescued from insolvency) in May 2008 for around £17 mill ...
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DHL Exel Supply Chain
DHL Supply Chain is a division of Deutsche Post DHL and is affiliated with DHL. Headquartered in Bonn, Deutsche Post has 510,000 employees. In 2016, DHL Supply Chain was primarily competing in strategic life sciences and healthcare, automotive and technology sectors of the market. The automotive sector, with its Lead Logistics Provider (LLP) service, has been shifting to China, India and Mexico as those countries become significant vehicle and parts manufacturers. In Canadian and USA markets DHL Supply Chain operated under the name Exel until January 2016. In 2016, the DHL Supply Chain division's revenue decreased by 11.6% to €14.0 billion versus 2015, but operating profit improved by 27.4% to €572 million. History * 1969 – DHL Express, DHL founded by Adrian Dalsey, Larry Hillblom and Robert Lynn in San Francisco. * 1971 – DHL expands its Express network. Expansion into the Far East and Pacific Rim. * 1972 – Services introduced in Japan, Hong Kong, Singapore and Au ...
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