Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
  • Video Insights
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Somerset footwear firm Ted & Muffy in administration, buyer sought

Somerset footwear firm Ted & Muffy in administration, buyer sought

Tue, 21 Mar 2017 | ADMINISTRATION

Administrators appointed to collapsed Somerset-based footwear Ted & Muffy, which recently made 11 of its 38 staff redundant, are looking for a buyer for the business.

The firm, formerly known as Duo, sells high-quality boots and shoes which are all made from its studio and offices in Frome. It has a physical store in Bath and a “major” online presence, selling to customers around the world.

Administrators Begbies Traynor have been appointed to find a buyer for The Blink Partnership Ltd, which trades as Ted & Muffy.

The firm, which will continue to trade while a buyer is found, was said to have performed well under previous ownership but had been adversely affected by mild autumn trading and a major rebranding two years ago.

Ian Walker, partner at Begbies Traynor’s office in Exeter, said: “In April 2016, Ted & Muffy was rescued out of administration by The Blink Partnership Ltd.

“However, unfortunately sales haven’t reached expectations and the business has no alternative but to find a new buyer.

“The business will continue to trade while a new buyer is being sought, and meanwhile there are no significant arrears of creditors.”

Anyone interested in buying the business is urged to come forward “as quickly as possible”.

Find retail businesses in administration.

You can subscribe here


Share this article



Latest Businesses for Sale

Independent Building Contractor
UK Wide, Scotland

The Company is a highly regarded building contractor, predominantly providing its services to clients in the commercial and retail sectors. The Company has experienced considerable growth since its foundation, with the strength of its workforce and s...

Asking Price: Offers Invited
Turnover: £2,800,000

LEASEHOLD


Debt Collection Agency
UK Wide

Highly successful specialist agency operating for over nine years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurre...

Asking Price: Offers Invited
Turnover: £915,162

LEASEHOLD


A Well-Established Haulage Company
North East, UK

Provides cost-efficient, reliable general haulage services across the UK, specialising in same-day and next-day deliveries. Operating nationally, the company currently caters to 25 active clients nationwide, all of whom provide reliable, repeat busin...

Asking Price: Offers Invited
Turnover: £600,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
15
 
Jan
 

Buyer sought for portfolio of pubs | BUSINESS SALE

Five pubs that formerly operated under the Authentic Alehous...

 
14
 
Jan
 

Acquisitive RSK Group completes trio of deals | BUSINESS SALE

Cheshire-based technical services consultancy RSK Group has ...

 
13
 
Jan
 

Heat transfer equipment manufacturer falls into administration | ADMINISTRATION

Coventry-based Covrad Heat Transfer has fallen into administ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
18
 
Jun
 

Hotel chain Suite Hospitality enters administration | ADMINISTRATION

Suite Hospitality, which operates hotels in Exeter, Windsor ...

 
27
 
Apr
 

Lincs Lifts seeks buyer after appointing administrators | ADMINISTRATION

Scunthorpe-based powered access hire business Lincs Lifts is...

 
03
 
Apr
 

Benito’s Hat to continue trading despite entering administration | ADMINISTRATION

Fast-casual Mexican food chain Benito’s Hat has entere...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Daily Financial Alerts
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2021. Business Sale Report Ltd. All rights reserved. www.business-sale.com.