The future of a national timber supplier with a base in Salford is uncertain after National Timber Group England Ltd filed notices of intention to appoint administrators, though there is currently no indication of how, or whether, its Cadishead branch may be affected.
National Timber Group (NTG), one of the largest timber groups in the UK and parent company of brands including Arnold Laver, National Timber Systems, SV Timber and NORclad, lodged the notices earlier this month.
The move places the business under an interim moratorium, preventing creditors from taking action while the group seeks a buyer or new investment. A similar notice has also been filed by its parent company, National Timber Group Midco.
They have 47 branches in the UK and employ around 1,000 people across the UK, operating an Arnold Laver depot in Cadishead.
However, NTG has not confirmed any site-specific impact, and the Cadishead branch told Salford Now that the company “is not currently in administration” but declined to comment further.
NTG has not responded to requests from for clarification on what the notice means for the Cadishead site or its wider operations. We have also requested the original full statement issued by the company’s press office, but have not yet received a reply.
In statements released last week, Dixon said the group had been experiencing “difficult trading conditions and liquidity challenges for some time” and had taken steps to stabilise the business, including cost reduction measures, seeking additional funding and considering the potential sale of parts of the company.
Dixon also said the group is in “advanced discussions” with an interested party about the sale of a substantial part of the business, with talks ongoing with other potential funding partners. He stressed that the filing was intended to “provide a period of stability” while negotiations continue, adding: “It is important to note that the Group is not in administration at this time.”
Financial accounts filed at Companies House show NTG posted a £6.3m loss for the year ending December 2023.
Concerns have already been raised in Scotland, where STV reported on 19 November that “hundreds of jobs” there could potentially be at risk depending on how the sale process unfolds. No equivalent information has been released regarding England or any specific branches, including Cadishead.
In Salford, the Cadishead depot remains open and operating as normal. Until NTG issues further information, the future of the site, along with much of the group’s wider operations, remains unclear.
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