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Typhoo Tea collapsed into administration owing around £100m to its creditors ahead of being rescued, it has been revealed. The Bristol-based company entered administration in November 2024 before ...
In August, City AM reported that Typhoo Tea had lost a further £37.9m in the year to 30 September, 2023, after being hit by one-off costs of more than £20m after its Moreton factory was broken ...
Typhoo Tea has fallen into administration as the 120-year-old brand's sales slump, losses widen and debts rise. Advisory firm Kroll has been appointed to handle the administration and find a buyer ...
Typhoo, founded in 1903 by Birmingham grocer John Sumner, was once one of the UK’s best-selling tea brands. Typhoo is poised to be taken over by a disposable vape company after the tea company ...
Typhoo, founded in 1903, is Britain’s oldest pre-packaged tea brand - Martin Keene/PA Archive The electronic vape manufacturer that has rescued Typhoo is looking to relaunch the 121-year-old ...
Typhoo Tea has been rescued by vape maker Supreme in a £10m deal which it said would keep the brand "in British hands". The 120-year-old teamaker fell in to administration in November as its ...
A beloved British tea brand has been saved from the brink of collapse by a vape manufacturer. Fans of Typhoo Tea were left shocked after the century-old firm filed for administration last week ...
Typhoo Tea has been rescued out of administration by a vapes, batteries and vitamins seller for more than £10m. The trade and selected assets of the Bristol-based company have been acquired by ...
The deal came after Typhoo Tea, which was founded in 1903, collapsed into administration last month in move which put more than 100 jobs at risk. In its statement, the firm’s new owner did not ...
And tea sales fell by 4.3 percent last year - although Typhoo's sales actually rose due to its prices being cheaper than most other brands. Typhoo's debts reached £73 million in September 2023.
Typhoo Tea has fallen into administration as the 120-year-old brand's sales slump, losses widen and debts rise. Advisory firm Kroll has been appointed to handle the administration and find a buyer ...