WILKO stores have announced it is on the brink of collapse putting 12,000 employees at risk of losing their jobs.
The UK-wide high street retailors with 400 shops across the country, including Holton Road in Barry, Bridgend and three in Cardiff, filed a notice of intent to appoint administrators on Thursday, 3rd August.
In the meantime, the homeware and hardware group are believed to be exploring the possibility of a sale but is expected to enter insolvency after failing to secure a takeover.
Wilko chief executive Mark Jackson said: “We’ll continue to progress discussions with interested parties with the aim of completing a transaction which preserves the business.”
With a notice of intention, Wilko has a 10-day window to reach a deal while remaining protected from other creditors.
Once going into administration all control is passed to a licensed insolvency practitioner – the administrator. They can leverage the business and assets of the company to pay creditors.
It is difficult to reverse the process once the administrator has taken over. As much of the company’s debts as possible will be paid from the assets if they cannot prevent Wilkos liquidation.
Full list of stores at risk of closure:
- Aberdare
- Abergavenny
- Accrington
- Acocks Green
- Acton
- Aldershot
- Alfreton
- Alnwick
- Altrincham
- Ammanford
- Andover
- Arnold
- Ashford
- Ashington
- Ashton-Under-Lyne
- Aylesbury
- Ayr
- Banbury
- Barking
- Barnsley (3 stores)
- Barnstaple
- Barrow In Furness
- Barry
- Basildon
- Basingstoke
- Bedford (2)
- Bedminster
- Belper
- Beverley
- Bexleyheath
- Bicester
- Biggleswade
- Birkenhead
- Birmingham (3)
- Bishop Auckland
- Bishops Stortford
- Blackburn
- Blackpool
- Blackwood
- Bletchley
- Blyth
- Bognor Regis
- Bolton (2)
- Bordon
- Boston
- Bournemouth (2)
- Bradford
- Brentwood
- Bridgend
- Bridgwater
- Brigg
- Brighouse
- Bristol (3)
- Bromley
- Brownhills
- Burgess Hill
- Burnley
- Burton Upon Trent
- Bury
- Bury St Edmunds
- Camberley
- Cambridge
- Canterbury
- Cardiff (3)
- Carlisle
- Carmarthen
- Castle Douglas
- Chatham
- Chelmsford
- Cheltenham
- Chepstow
- Chester
- Chester Le Street
- Chesterfield
- Chippenham
- Clacton On Sea
- Cleethorpes
- Cleveleys
- Clowne
- Clydebank
- Coalville
- Cockermouth
- Colchester
- Corby
- Coventry (2)
- Cowley
- Cramlington
- Crawley
- Crewe
- Cwmbran
- Dagenham
- Darlington
- Dartford
- Denton
- Derby (3)
- Dereham
- Devizes
- Dewsbury
- Didcot
- Doncaster (2)
- Driffield
- Droitwich
- Dudley
- Dunstable
- Durham
- East Ham
- Eastbourne (2)
- Eccles
- Edinburgh
- Ellesmere Port
- Ely
- Epsom
- Exeter
- Falkirk
- Falmouth
- Fareham
- Farnborough
- Ferndown
- Folkestone
- Gainsborough
- Gateshead (2)
- Gillingham
- Gloucester
- Gravesend
- Grays (2)
- Great Malvern
- Great Yarmouth (2)
- Greenock
- Greenwich
- Grimsby (2)
- Halesowen
- Halifax
- Hamilton
- Hanley
- Harlow
- Harrow
- Hartlepool
- Havant
- Haverfordwest
- Hayes
- Hemel Hempstead
- Hereford
- High Wycombe
- Hinckley
- Hitchin
- Holyhead
- Horsham
- Hounslow
- Hucknall
- Huddersfield
- Hull (2)
- Huntingdon
- Huyton
- Ilford
- Ilkeston
- Ipswich
- Irvine
- Jarrow
- Kenilworth
- Kent (2)
- Kettering
- Kidderminster
- Kings Lynn
- Kingston Upon Thames
- Kingston Upon Hull
- Kingswood
- Knowle
- Lancaster
- Leamington Spa
- Leeds (7)
- Leek
- Leicester (5)
- Leigh
- Leighton Buzzard
- Letchworth
- Lewisham
- Lichfield
- Lincoln
- Liverpool (3)
- Livingston
- Llandudno
- Llanelli
- London (9)
- Long Eaton
- Loughborough
- Louth
- Lowestoft
- Luton
- Maidenhead
- Maidstone
- Manchester (4)
- Mansfield
- Market Drayton
- Market Harborough
- Matlock
- Melton Mowbray
- Merthyr Tydfil
- Middlesbrough
- Middlesex
- Mildenhall
- Milton Keynes
- Morriston
- Motherwell
- Neath
- Nelson
- Newark
- Newbury
- Newcastle
- Newcastle Under Lyme
- Newcastle Upon Tyne (3)
- Newport
- Newton Abbot
- Newton Aycliffe
- Newton-Le-Willows
- North Shields
- Northallerton
- Northampton (3)
- Northfield
- Norwich
- Nottingham (9)
- Nuneaton
- Oakham
- Orpington
- Oswestry
- Pembroke Dock
- Penge
- Perry Barr
- Peterborough (2)
- Peterlee
- Plymouth
- Pontefract
- Pontypool
- Poole
- Port Talbot
- Porthmadog
- Portsmouth
- Preston (2)
- Pwllheli
- Rainham
- Ramsgate
- Reading
- Redcar
- Redditch
- Redhill
- Redruth
- Retford
- Rhyl
- Ripley
- Romford
- Rotherham
- Rowley Regis
- Royal Kingston Upon Thames
- Rugby
- Rugeley
- Runcorn
- Rushden
- Sale
- Salford
- Scarborough
- Scunthorpe
- Seaham
- Selby
- Sheffield (6)
- Shipley
- Shirley
- Shrewsbury
- Sittingbourne
- Skegness
- Skelmersdale
- Slough
- Solihull
- South Shields
- Southampton
- Southend On Sea
- Southport
- Spalding
- St Albans
- St Austell
- St Helens
- Stafford
- Stamford
- Stevenage
- Stockport
- Stockton On Tees
- Stoke-On-Trent
- Stourbridge
- Stratford
- Strood
- Stroud
- Sunderland
- Sutton
- Sutton-In-Ashfield
- Swanley
- Swansea
- Swindon (2)
- Tamworth (2)
- Taunton
- Telford (2)
- Thetford
- Tipton
- Torquay
- Trowbridge
- Truro
- Uttoxeter
- Uxbridge
- Wakefield (2)
- Wallasey
- Walsall (2)
- Walthamstow
- Walton On Thames
- Warrington
- Washington
- Waterlooville
- Watford
- Wellingborough
- Wembley
- West Drayton
- West Ealing
- Weston-Super-Mare
- Weymouth
- Whitehaven
- Widnes
- Wigan
- Wimbledon
- Winsford
- Woking
- Wolverhampton
- Wood Green
- Woolwich
- Worcester
- Workington
- Worksop (2)
- Worthing
- Wrexham
- Wythenshawe
- Yeovil
- York
Other items to read:
- Pencoed tangled up by ‘Seaweeds’
- Primary school’s former deputy head is banned from teaching
- I make no apologies for calling Plaid Cymru ‘separatists’
- ‘The importance of participation and continued learning’
- Opposition leaders clash with First Minister over independence rally
⭐ All of our social media in one handy place – here
Pencoed tangled up by ‘Seaweeds’
Primary school’s former deputy head is banned from teaching
I make no apologies for calling Plaid Cymru ‘separatists’
‘The importance of participation and continued learning’
Opposition leaders clash with First Minister over independence rally
How Kevin saved a stranger’s life
