# Tildist Realisations Limited (12399819)

> Why UK company 12399819 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12399819

- **Status:** In administration
- **Administration began:** 2024-08-19
- **Administrators:** William James Wright, James Ronald Lumb
- **Administrators' firm:** Interpath Advisory
- **Formerly:** CTD Tiles Limited; SGBD Newco Limited; CTD Topco Limited; SGBD Newco Limited
- **Incorporated:** 2020-01-13
- **Location:** Newcastle upon Tyne
- **Industry:** 47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores

## Why it went into administration

- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

CTD Tiles Limited began to trade in 2022, when Aurelius Investments (‘Aurelius’) purchased the CTD business from the Saint Gobain group.

The Company operated as a seller of tiles, adhesive and other related products within the UK. The Company’s channels to market were via its branch network, e-commerce, as well as direct sales to national and regional housebuilders and other corporate customers.

At the date of our appointment, the Company operated from a network of leasehold sites including 86 branches, two distribution hubs and office premises in Birmingham and Newcastle. It employed approximately 424 staff.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12399819/filing-history/MzQzNzAwODU4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12399819

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.