Stiled Holdings Ltd – trading under the brands Tile Giant, Tile Choice and Crown Tiles – appointed joint administrators Jonathan Mark Amor and Richard Oddy on Friday 14th February 2025 from insolvency firm Azets Holdings Limited. Following offers received from three interested parties, a pre-packaged sale and administration to Stiled Investments Ltd presented the best outcome to creditors.
This result has prevented the closure of 24 stores and the redundancy of 202 employees.
This breaking news follows after 2024 witnessed the administration of familiar names among the tiling industry, including Tile Choice and CTD Tiles. In both of these high-profile cases, Stiled Ltd played a key role in rescuing stores and saving jobs.
In January and February 2024, Tile Giant purchased 11 of the 19 Tile Choice stores that had initially ceased trading as the company entered administration, as well as the tilechoice.co.uk and crowntiles.co.uk websites. In August 2024, Stiled Ltd made the decision to take forward 16 stores from CTD Tiles Ltd, having acquired the stock, fixtures, and fittings. Following the administration of CTD Tiles, Topps Tiles acquired 30 retail stores, selected stock and all related intellectual property and a further 7 stores were also acquired by Kajaria Ceramics.
Stiled’s founder and chairman Matt Williams is a former CEO of Topps Tiles, leaving the business in 2020 after having held the role for over 13 years. He became CEO of Tile Giant in February 2023 and Tile Choice in February 2024.
Tilezine has asked for a comment from the owners and will update readers further in the near future.