Titan Ladders to enter administration

Wed, 10 Jun 2015 | ADMINISTRATION

Titan Ladders Limited is set to enter administration unless a buyer for the distressed business can be found quickly to turn things around.

The business has been trading for more than 80 years and boasted an annual turnover of £5.5 million, but financial struggles have gotten the better of the established ladder manufacturer.

Mazars, a Bristol-based accountancy group, has been appointed to handle the distressed company affairs and oversee the impending administration process.

Tim Ball, who is leading that effort for Mazars, spoke to SouthWest News about the administration: “It is very sad to see another long-established British manufacturing business struggling to compete with overseas competition and internet sales.

“A number of redundancies have already taken place and the company will enter administration in the coming days. The proposed administrators are actively seeking a buyer for the business and assets.”

The business manufactures various types of ladders including aluminium, timber, fibreglass and steel for both home and business use. It is the biggest ladder manufacturer of ladders in the UK but this has not saved the business from having to look at administration.

Bruce Candy, one of the company's directors, said that they would like to “thank all of their trading partners for their loyalty and support over the years” adding that the group regretted the “need to take this action”.

View more British businesses in administration.

Share this article

Latest Businesses for Sale

High-Technology Business
UK Wide

Focused on advances in energy storage, energy harvesting motor and drive systems and software. Several projects are approaching proof-of-concept stage and will be ready for commercialisation in the near future. Driven by a highly experienced and qual...

Asking Price: Offers Invited
Turnover: £5,000,000


Distributor of Powered Lift Platforms
UK Wide

Specialises in the supply, installation and servicing of industry-leading, mainly pneumatically operated personnel lifting equipment for the industrial and transport sectors. Operates directly as the sole UK and Ireland distributor for an internation...

Asking Price: Offers Invited
Turnover: £1,000,000


Technology Company with Unique Reusable Core Business for the Newspaper Trade (Fast Sale)
South East, UK

Interested parties are required to submit an expression of interest by 5pm on Tuesday 30th July 2019 with offers to be provided by 3pm on Thursday 1st August 2019. An opportunity exists to acquire the business and assets of this division of a highly...

Asking Price: Offers Invited
Turnover: £300k - £1m

View more businesses for sale

News Search

Latest News


Award-winning American diner put up for sale | BUSINESS SALE

An award-winning 50s-style American diner in Albert Village,...


Ayr Artwork firm goes into administration | BUSINESS SALE

The Steve Brown art company has announced that it has entere...


Outdoor activity centre completes MBO | BUSINESS SALE

An outdoor water activity centre has been successfully sold ...

Free guide: 10 Biggest Buyer Mistakes

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


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