The door was removed and replaced with a galvanised electric roller shutter which was easier to operate for the staff. Topps Tiles’ national transport manager Kevin Smith said: “We have undergone a full tender process for everything from tyres to running costs and we invited all the manufacturers to take part. Topps Tiles enjoys rising sales as Britons crack on with DIY while stuck at home but the new lockdown will hit the bottom line. We’re the UK’s No.1 tile specialist with over 340 stores throughout the UK. The door was removed and replaced with a galvanised electric roller shutter which was easier to operate for the staff. But this stemmed from an ongoing two-year investment programme. Topps Tiles sales were up prior to the latest lockdown, although the recovery in its commercial business was taking longer than hoped. Economic data and central bank flashes from UK, US and eurozone. In a Q3 update the tiling retailer reported a 2.3% decrease in like-for-like sales over the period, a continuation of the 2.2% decrease it saw in Q2 this year. Topps Tiles Unit J/Hart St Commercial Centre, Hart Street, Maidstone, ME16 8RF Click to view telephone number. By Neil Maidment LONDON (Reuters) - Britain's biggest tile specialist Topps Tiles may target the commercial market once it has reached its goal of taking a third of domestic sales across the country, it said on Tuesday. The acquisition of Strata Tiles in April should add to Topps’ offering here. Installation of new roller shutter to replace Concertina door The existing concertina door track had been damaged and the door itself was beyond economical repair. 71 persone ne parlano. BALANCE SHEET STRONGER THAN FIRST LOCKDOWN Topps Tiles increased its re tail like-for-like sales by 19.9% in its first quarter after trade grew across its main customer groups of professional fitters and homeowners.. The Financial Times and its journalism are subject to a self - regulation regime under the FT Editorial Code of Practice: www.ft.com/editorialcode© The Financial Times Limited 2020. Hold. We are proud to be a part of many iconic spaces throughout Auckland - So Hotel, Westfield 277 (retail and Hospitality fit outs) Sky City Hotel, Sky City Auckland, Citizen Park, Sugar Club, 396 Queens Street Hotel, Grand Windsor, Mecure Grand, Restaurant Brands just to name a few. Investegate announcements from Topps Tiles, Trading Update . Visualise our tiles in your own home by taking a photo on your phone, via our online TileMyHome visualiser. Services. Retailer Topps Tiles has cautioned over an impact on sales from the latest national lockdown, but cheered recent strong trading thanks to a buoyant DIY market.The 343-strong chain reported a 19.9% In turn, adjusted pre-tax profits climbed 11.1 per cent to £8m. Check Topps Tiles in Ipswich, Commercial Road on Cylex and find ☎ 01473 231700, contact info, ⌚ opening hours. British tile retailer Topps Tiles Plc said on Wednesday it expects a 12% drop in full-year revenue, owing to a slower recovery in commercial demand caused by coronavirus-led disruptions. Chief … Investment Ideas . To meet this commitment, the Company introduced The Topps Tiles Code of Conduct for Suppliers, which is explained in our Modern Slavery Statement on the Company’s website. Commercial operations are likely to drive growth at tiles retailer Topps Tiles (LON: TPT) and management intends to build up a significant commercial division over the next five years. COMPANIES . British tile retailer Topps Tiles said on Wednesday it expected a 12% drop in full-year revenue, following a slower recovery in commercial demand due to the COVID-19 pandemic. Topps Tiles (TPT) has been beefing up its presence in the commercial tile market, a sensible move, given that this represents nearly half of the UK’s overall tile market. The gross margin increased from 60.5 per cent to 61.4 per cent, thanks to better scale and sourcing. The listed tile retailer hopes to hit the target by improving the value it offers to retail customers and by continuing to grow its commercial business to clients such as architects and designers. Retailer Topps Tiles has cautioned over an impact on sales from the latest national lockdown, but cheered recent strong trading thanks to a buoyant DIY market. Topps Tiles has hailed progress in its commercial arm as it looks to sell more products to businesses and trade customers to make up for retail shoppers turning their backs on DIY. The group – which started life in 1963 – has 343 retail stores across the UK, as well as four commercial showrooms and three websites. Thanks for letting us in on your latest design project, tell us a bit about your role at Topps Tiles? We will send you offers, news, style updates and product/service information. Earlier this year, Topps acquired 80% of Strata Tiles, which has a customer base of architects and designers. Topps Tiles Meridian Trading Estate, Lombard Wall, London, SE7 7SW Click to view telephone number. Topps Tiles PLC - Leicestershire-based tile retailer - Helen Linnington, associate of Managing Director for Commercial Brian... 07/01/2021 14:54:35 Cookie Policy +44 (0) 203 8794 460 Free Membership Login Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic refurbishment and commercial market and serving a retail and trade customer base from 343 nationwide Retail stores, four Commercial showrooms and three trading websites: www.toppstiles.co.uk, www.parkside.co.uk and www.stratatiles.co.uk. The retailer – said to be the UK’s leading tile specialist – has closed all its aisles under the latest rules, but said customers can still use its trade counters, online store and click & collect services. Topps has set itself a new market share goal to take £1 in every £5 spent on tiles and associated products in the UK by 2025, with aims to broaden its customer base. 8 Dec 20 06:42. This is reinforced by commercial agreements that require our suppliers to be fully compliant with local laws and we pay attention to labour standards and factory conditions. Topps Tiles has sold and leased back its national headquarters to raise cash to support it through the lockdown. Topps Tiles PLC - Leicestershire-based tile retailer - Helen Linnington, associate of Managing Director for Commercial Brian... 07/01/2021 14:54:35 Cookie Policy +44 (0) 203 8794 460 Free Membership Login Topps Tiles has ambitions to secure £1 in every £5 spent on tiles in the UK within five years. We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used. It goes beyond regulatory news and free web services to give your investment decisions an edge over the crowd. I highly recommend Topps Tiles as an employer of choice and the development opportunities and support is … More on Investment Ideas. True, Parkside endured a £1m trading loss. Alliance News Professional covers every UK stock in your portfolio. And it’s one that appears to be paying off – with revenues “more than tripling” for its commercial ‘Parkside’ business during the six months to March 2019. Ideas Farm: What to do when your fund doubles? The group recently acquired Strata Tiles – a specialist supplier of tiles to the commercial market, The telecoms giant reiterated its full-year guidance, Yet shares in the software group are trading near an all-time high following analyst upgrades. Profits have dropped at Topps Tiles due to the expense of closing a handful of stores and following investments in its Parkside commercial business. Topps Tiles, which has more than 300 stores across the country, reported that its retail sales increased by 19.9 per cent in the 13 weeks to 26 December. All rights reserved. Rob Parker, Topps Tiles chief executive, said: “As we have done throughout the pandemic, we are continuing to put colleague and customer welfare first. The Grove Park tile retailer has acquired Parkside Tiles of Thurmaston in a £1.1 million deal. I’ve looked after all things commercial for Topps Tiles for the last 4 years. . Investment Ideas . You can follow us on Instagram @toppstiles BAL Primer, BAL Bond, BAL Admix AD1, BAL Admix GT1… all replaced with BAL All-In-One Primer. (Reuters) - British tile retailer Topps Tiles said on Wednesday it expected a 12% drop in full-year revenue, following a slower recovery in commercial demand due to the COVID-19 pandemic. Video: Bal All-In-One Plus, one bottle for multiple uses. That’s leading the teams that do the product selection and buying, the pricing and promotions, the stock and displays, and the marketing and online. Over 500 news items per trading day for just £39.60 per month, and cancel at any time. We plan to grow the commercial business to become the new market leader by 2025 and create a new, profitable sales division within the Group. You can follow us on Instagram @toppstiles Hi Brian! We tailor our marketing based on any data you supply us, in addition to your location, purchases or previous engagement with Topps Tiles. Topps Tiles has posted a further decrease in sales for the 13 weeks ending 1 July 2018, and said it plans to continue “tight cost control” in the face of a “weaker consumer environment”.. Looking at its commercial business, Topps said its performance is in line with expectations. We help designers, architects, contractors and developers specify contemporary porcelain, ceramic and natural stone tiles for every type of project – from restaurants and hotels to civic buildings and high-end homes. Topps Tiles has so many great people who work hard and are committed to delivering the absolute best. MAN came through for us in terms of what it can offer. It is an all-in-one package that delivers everything we … Topps Tiles is moving into commercial sales for the first time after snapping up a local specialist. A fantastic and very competitive reward and benefits package along with a flexible working environment. Is it time to bail from shoot-the-lights out funds? Topps Tiles Meridian Trading Estate, Lombard Wall, London, SE7 7SW Click to view telephone number. Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic refurbishment and commercial market and serving a retail and trade customer base from 343 nationwide Retail stores, four Commercial showrooms and three trading websites: www.toppstiles.co.uk, www.parkside.co.uk and www.stratatiles.co.uk. This adds further scale to the commercial division […] Topps Tiles Unit J/Hart St Commercial Centre, Hart Street, Maidstone, ME16 8RF Click to view telephone number. Topps Tiles (TPT) has been beefing up its presence in the commercial tile market, a sensible move, given that this represents nearly half of the UK’s overall tile market. You can follow us on Instagram @toppstiles The listed tile retailer hopes to hit the target by improving the value it offers to retail customers and by continuing to grow its commercial business to clients such as architects and designers. We aim to process all refunds within 10 working days. Tuesday broker round-up (Sharecast News) - Diageo: Deutsche Bank upgrades to buy with a target price of 3,900p. The group – which started life in 1963 – has 343 retail stores across the UK, as well as four commercial … And it’s one that appears to be paying off – with revenues “more than tripling” for its commercial ‘Parkside’ business during the six months to March 2019. (Reuters) - British tile retailer Topps Tiles said on Wednesday it expected a 12% drop in full-year revenue, following a slower recovery in commercial demand due to the COVID-19 pandemic. Topps Tiles is moving into commercial sales for the first time after snapping up a local specialist. Our Design Studios are now back open. I highly recommend Topps Tiles as an employer of choice and the development opportunities and support is … Perfect prep for tiling. Made by Tom&Co Magento E-commerce. Check Topps Tiles in Ipswich, Commercial Road on Cylex and find ☎ 01473 231700, contact info, ⌚ opening hours. And while the main macro-indicators for Topps’ retail business – consumer confidence, house prices and housing transactions – were broadly stable in the respective period, it estimates that the UK tile market was in “modest decline”. Topps has set itself a new market share goal to take £1 in every £5 spent on tiles and associated products in the UK by 2025, with aims to broaden its customer base. Registered Topps Tiles Trade customers are able to approach the Trade counter in store to pick up or make an order. Free Visualisation Service Available . The company is now debt free due to the repayment of the £5m Coronavirus Large Business Interruption Loan and the cancellation of an unused £5m revolving credit facility. Available exclusively at Topps Tiles. Installation of new roller shutter to replace Concertina door The existing concertina door track had been damaged and the door itself was beyond economical repair. Topps Tiles also said that the markets served by its commercial business, which has taken a hit due to the coronavirus-led disruptions in the construction industry, were seeing a slower recovery compared with the domestic repair, maintenance and improvement sector. Topps Tiles hopes its commercial business will play a significant role in that expansion, though it wrote: 'The long-term nature of many commercial projects … Topps cashing in on commercial tiles. Still, the consumer environment remains “challenging”. Call us on +44 (0) 203 8794 460 to get started. Replacing BAL's stable of liquids. Subscribe now to see this Premium News article from. Tile Space Commercial strive to achieve exceptional tile solutions for projects of all scales. Giving an update on how it will trade during the new Covid-19 lockdown, Topps said the rules mean it has to close its in-store tile aisles to prevent browsing. Cheap recovery plays 2019. UK equity markets continue to move upwards,... Find out which companies are being approached for takeovers, raising money and making acquisitions, The year of BP’s reinvention ended with a major loss thanks to the pandemic, The lender is buying a loan portfolio from subsidiary RateSetter. The commercial business’s full-year trading loss is expected to land at around £1.5m, although – more positively – Peel Hunt reckons it could generate sales of up to £14m in FY2020. … We’re the UK’s No.1 tile specialist with over 340 stores throughout the UK. Topps said the performance of its commercial division is in line with its plans and the company remains committed to its strategy of "disrupting … Topps said it expected to post a "modest" level of profit for the 52 weeks ended Sept. 26, with retail like-for-like revenue in the period down 12.5% from a year earlier. British tile retailer Topps Tiles said on Wednesday it expected a 12% drop in full-year revenue, following a slower recovery in commercial demand due to the COVID-19 pandemic. Commercial arm delivers for Topps Tiles . DIRECTOR DEALINGS: Topps Tiles Commercial Director Sells 100,000. Topps Tiles has set itself a new market share goal to take £1 in every £5 spent on tiles and associated products in Britain by 2025, with aims to broaden its customer base. And, it follows that, on an adjusted basis – excluding Parkside, as well as non-recurring property provision movements – Topps’ numbers looked rather different. Topps Tiles has so many great people who work hard and are committed to delivering the absolute best. Topps Tiles Group has two brands in the commercial Tile sector; Parkside and Strata, who are both leading specification sales companies working with Architects, Designers and Contractors. A fantastic and very competitive reward and benefits package along with a flexible working environment. And it’s one that appears to be paying off – with revenues “more than tripling” for its commercial ‘Parkside’ business during the six months to … The windows were replaced with aluminium frames and double glazed with toughened and laminated glass for safety. Topps Tiles intends to build up a significant business in the commercial sector – which reportedly accounts for 45% of UK tile sales – over the next few years, with the market notably fragmented. Group revenues edged down 0.5 per cent to £109m, largely reflecting a reduction in the average number of retail stores trading from 372 to 362. Topps Tiles, Nuneaton, Warwickshire. Topps Tiles has appointed the finance boss of a US beverage company, Stephen Hopson, as its new chief financial officer. Flash headlines on all 2,400 London-listed companies before the news hits the open web. The business, the UK’s biggest tile specialist, said it was raising £18.1 million – £17.9 million including costs – from the sale of its head office and main warehouse buildings at Grove Park, next to junction 21 of the M1 at Leicester. Commercial Glazing Replacement The old timber framed arch windows had started to allow water entry and were in a poor state of repair and were aesthetically in a poor state. For now, the shares’ modest forward PE ratio of 11 times isn’t sufficiently low to tempt us. 15K likes. Topps Tiles also said that the markets served by its commercial business, which has taken a hit due to the coronavirus-led disruptions in the construction industry, were seeing a slower recovery compared with the domestic repair, maintenance and improvement sector. Topps Tiles reserve the right not to refund if the products are deemed as not being in a resell-able condition, if there is no proof of purchase, or if the products are returned after the 60 day period. British tile retailer Topps Tiles said on Wednesday it expected a 12% drop in full-year revenue, following a slower recovery in commercial demand due to the COVID-19 pandemic. Topps Tiles (TPT) has been beefing up its presence in the commercial tile market, a sensible move, given that this represents nearly half of the UK’s overall tile market. (Reuters) - British tile retailer Topps Tiles said on Wednesday it expected a 12% drop in full-year revenue, following a slower recovery in commercial demand … Topps Tiles has ambitions to secure £1 in every £5 spent on tiles in the UK within five years. Stock Screens . We’re the UK’s No.1 tile specialist with over 340 stores throughout the UK. Topps Tiles, Thorpe Way, Grove Park, Enderby, Leicester, LE19 1 SU. Broker Peel Hunt expects adjusted pre-tax profits of £15.9m and EPS of 6.6p for the year to September 2019, against £16m and 6.6p in FY2018. For decades Parkside has been a trusted tile source to the UK contract market. 193 talking about this. Note to editors Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic refurbishment and commercial market and serving a retail and trade customer base from 342 nationwide retail stores and four commercial showrooms.