T.C.T.W. Limited (SC176324): administration
- Status
- Administration ended
- Administration began
- 2013-04-05
- Administrators
- Richard Gardiner
- Administrators' firm
- CG&Co
- Formerly
- Lintonstripe Associates Limited
- Incorporated
- 1997-06-11
- Location
- Dunfermline
- Industry
- 47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Why it went into administration
- Property / lease costs
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The company was founded in 1986 by James Miller providing contract tiling services from leased premises in Kirkcaldy and was incorporated in 1997. In the early 1990's the company held a sale of all the tiles left over from the various tiling contracts. This proved successful and seeing an opportunity, the company launched as "The Ceramic Tile Clearance Warehouse". This was a retail service
were the company imported tiles and associated goods directly from factories and sold them as a cash and carry operation.
During the late 1990's the company expanded to supplying tiles to the general public, with the tiling contracts as a secondary focus. The company expanded to eight showrooms in Kirkcaldy, Dundee, Dunfermline, Haymarket, Leith, Falkirk, Glasgow and Perth. At that time, the company re-branded and re-launched as "The Ceramic Tile Warehouse". The company continued to trade successfully for the next several years. Lee Miller, the son of James Miller, started Working for the company during 1992 and was appointed a director in 2007. The majority shareholding of the company is held by Tilestyle Holdings Limited, of which Lee Miller is the sole director. :
Administrators' statement of proposals (2013-05-21) · Companies House register