Safestyle debts totalled over £30m at collapse
Safestyle UK and its component companies owed more than £30million to customers, suppliers and others at the point when the company went into administration, official documents have revealed.
The group’s subsidiaries - HPAS Limited, Style...
Safestyle name lives on as Anglian adds brand to buy-out basket
The name and look of Safestyle UK have been preserved after Anglian Home Improvements added the brand and other assets to last week’s purchase of the defunct retailer’s order book.
In an update to the...
Anglian buys Safestyle order book for customers’ ‘peace of mind’
Administrators for Safestyle have sold its order book to Anglian Windows in a move they say will enable the completion of homeowners installations.
Anglian has also confirmed it will honour the terms of all contracts,...
Safestyle collapses after would-be buyers walk away
Safestyle has finally gone into administration after revealing that its last possible lifelines of a sale had withdrawn from talks.
News of the collapse was announced by administrators after the retailer’s holding companies concluded they...
Everest pledges business as usual after buying Evolution out of administration
Customers of the Evolution arm of the defunct UK Windows & Doors Group have been promised it will be back to business as usual ‘as soon as practicable’ after new owner Everest acquired the...
Safestyle’s bank waits as group talks over possible lifelines
Safestyle UK says it has had a number of approaches from interested parties following its plea for third-party saviours in the wake of its ongoing shares slump.
The group has issued a statement in response...
Conservatory Outlet meets for the annual Gala Dinner.
Conservatory Outlet has celebrated its 10th annual Network Gala Dinner with an exclusive weekend at the Aldwark Manor retreat in North Yorkshire.
Guests were also treated to a day in York, including a visit to...
Safestyle seeks third-party saviours as shares hit another record low
No, this is not a repeat of our last Safestyle UK report – the group really has yet again seen its shares shed over half as the price at noon today fell below two...
Safestyle shares nearly halved on yet another profits warning
City Safestyle-watchers were today forecasting a fundraising effort after the retailer declared it intends to ‘engage with stakeholders to strengthen the balance sheet’ in its second profit warning in less than two months
Shares had...
Safestyle set to slide into loss after ‘challenging’ half-year
Safestyle UK has warned it is due to report a £6million pre-tax loss in the face of challenging market conditions.
Inflation and high interest rates have put even more pressure on disposable incomes and weakened...
