Safeglaze £7million order book
goes to Warmseal – buyer will honour
all 2,000 contracts
13th November 2018

The order book of Safeglaze, the me-too rival of Safestyle which went into administration last month, has been bought by North East retailer Warmseal, whose director assured The Glazine today that it would honour all 2,000 deposit-paid orders, together worth over £7million.

“I want to put everybody’s mind at rest,” Steve Miller said, “We have provisions in place with a whole team of call centre operators to contact every one of the customers. We will honour every contract, whatever the size, and we will not inflate the price.

Lead administrator Robert Adamson said in a joint statement said: “This deal will ensure that customers of the Company, the majority of whom have paid a deposit without having any reassurance that work will be done, will now have the opportunity to have the work they ordered completed by Warmseal.”

Safeglaze, which was set up last year as a rival to Safestyle was put into administration after Safestyle ended a court battle between the two companies by securing a non-compete agreement with Mitu Misra, the original founder of Safestyle and more recently the man behind the newcomer, for a conditional cash consideration of up to £2million to Misra. Read Story

The closing of Safeglaze resulted on over 130 job losses though it is understood that a number of staff who had defected to Safeglaze have now returned to Safestyle.