Headlam buys up Welsh brand Flooring Accessories
Headlam, a Europe wide floor coverings distributor, has bought up Welsh outfit Flooring Accessories.
Headlam, a Europe wide floor coverings distributor, has bought up Welsh outfit Flooring Accessories.
Flooring Accessories, based in Cardiff, is a distributor of residential and commercial floor covering, principally in south Wales.
Revenue for the year ended July 31st was £2,180,000.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Headlam will pay £576,400 up front, with a further £50,000 payable following the production of accounts to verify minimum net assets of £540,000.
Flooring Accessories will continue to trade from its location in Cardiff and be supported by the group's distribution network.
BS
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Regulator moves to protect access to cash amid branch closures and disappearing ATMs
News The Financial Conduct Authority has told banks to start assessing if local communities have adequate cash access from mid-September
By Marc Shoffman Published
-
VAT hike on private school fees could come earlier than previously expected
The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?
By Katie Williams Published