Axminster Tool Centre Ltd (03326979): administration
- Status
- In administration
- Administration began
- 2025-10-21
- Administrators
- Alistair Gareth Wardell, Richard Lewis
- Administrators' firm
- Grant Thornton
- Formerly
- Axminster Power Tool Centre Limited; Styles and Brown Limited
- Incorporated
- 1997-03-04
- Location
- 1 Oxford Street
- Industry
- 46620 Wholesale of machine tools
Why it went into administration
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
From the administrators' statement
Nature of the Company’s business
The Company was incorporated on 4 March 1997. The trading activities of the Company were the import, manufacture, retail, and wholesale of machine and hand tools, with a strong emphasis on woodworking. It served a broad customer base that included trade professionals, businesses, and DIY/hobby enthusiasts.
There were 145 employees at the date of appointment.
Administrators' statement of proposals (2025-10-31) · Companies House register