Deloitte, the Administrator of Railway Tile Store (UK) Limited trading as Right Price Tiles, has announced the closure of nine stores.  A total of 44 people have been made redundant which includes 38 staff at the affected branches and six staff at Head Office.

Railway Tile Store (UK) Limited was placed into Administration on 25 January.  Robin Allen and Dominic Wong from Deloitte were appointed Joint Administrators.

The business continues to operate from 44 stores across England and Wales, employing around 255 staff.

Robin Allen, Joint Administrator, said:  “Following our initial assessment of the business, it has unfortunately been necessary to close a number of stores.  However, several parties have expressed an interest in the business and we remain confident that we can achieve a positive outcome.”

Ends

Notes to Editors
The stores to close are: Banbury, Canterbury, Colchester, Dunstable, Keighley, Sittingbourne, Stafford, Weston and Worcester.

About Deloitte
In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country’s leading professional services firms, providing audit, tax, consulting and corporate finance services. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein whose member firms are separate and independent legal entities.  Neither DTT nor any of its member firms has any liability for each other’s omissions.  Services are provided by member firms or their subsidiaries and not by DTT.  Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.  The information contained in this press release is correct at the time of going to press.