Beloved British tea brand Typhoo has unfortunately fallen into administration after 121 years but a Manchester company could be set to save it from the jaws of insolvency.
Undoubtedly one of the biggest and best-known brands in the UK, not to mention the teabag of choice for millions up and down the country, Typhoo is a household name to most and has been a mainstay in supermarkets and newsagents for longer than we’ve been alive.
Despite its long-standing reputation and catering to a market of obsessive tea drinkers who aren’t going anywhere, the brew business has proved difficult for them, with a steady decline in sales and increasing losses year on year, as well as levels of debt creeping up to a now unsustainable point.
Financial advisory firm Kroll has now been appointed to handle the administration and find a buyer for the tea business, with a Manchester-headquartered company currently believed to be the frontrunner.
Supreme PLC is London-listed but has a HQ in Manchester.The old Tyhpoo factory which closed last year.Typhoo could be pulled back from the brink of administration. (Credit: Supreme via Facebook)/Rept0n1x via Wikimedia Commons)
Typhoo has been struggling to keep a foothold in the tea markets in recent years – suffering a significant setback when its Merseyside factory on the Wirral was broken into back in August 2023 – however, they have now been given a lifeline by a company just down the road in Stretford.
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According to industry news outlet, Proactive Investors, vape and battery distributors Supreme Imports (based over in Trafford Park) are now said to be in ‘advanced talks’ to buy the tea brand and save it from going belly up after well over a century on our shelves.
The Bristol-based veterans were acquired by Zetland Capital back in 2021 which looked to have stabilised finances for a little while, but despite steadying the ship in the immediate, the last three years have seen a return to turbulent times.
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While administration should keep them afloat while a sale is secured, there is still the matter of sizeable debt to be contested with; as of September last year, Typhoo owed more than £73 million to creditors – a whole £20m more than the previous year. In contrast, Supreme recently posted pe-tax profits of £14.7m.
Meanwhile, serious dips in revenue haven’t helped, with losses of around 25% recorded in the previous financial year and the closure of the Moreton plant (which contributed to approximately £24.1m worth of “exceptional costs”) leaving them at risk of going total collapse. It isn’t the heavyweight it once was.
Not for sale in Asda or Tesco for a long time. That doesn’t help!
Conversely, with a diverse portfolio including not only vapes and batteries but lightbulbs, protein powder and bars; other e-cigarette items, the Clearly Drinks brand and even Sealions sleep gummies, Supreme are in the position to potentially rescue Typhoo, although a buyout deal is not yet finalised.
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It’s unclear what the PLC will ultimately do with the brand should the acquisition be completed but it could prove to be a big coup if they can help it recover.
More importantly, with more than 100 jobs at risk throughout the company, not to mention Tyhpoo’s heritage as a historically significant domestic brand, we would love nothing more than to see the much-loved brew-makers back on their feet and livelihoods kept intact thanks to a local brand of our own.
Manchester United fans planning another major protest amid more upheaval around the club
Danny Jones
Manchester United supporters look set to stage another high-profile demonstration in protest against the INEOS Sports ownership group.
This is the latest response to the club’s continuing struggles, and not just the first proper organised mobilisation of the year, but the first since the most recent major march last spring.
Following the sacking of ‘manager’ Ruben Amorim, despite co-owner Jim Ratcliffe and his board of executives insisting that the Portuguese head coach (that distinction proving to be a crucial detail), the local sporting giants are once again starting from scratch and looking for another replacement boss.
With that in mind, militant fan group The 1958 announced their most recent protest ahead of a home fixture next month in a rather bold fashion…
As announced we protest against this dysfunctional co-ownership before Fulham.
Yep, neither Amorim, Erik ten Hag, Ole Gunnar Solskjær, nor any face even remotely associated with Old Trafford/Carrington is safe from an AI parody.
As for The 1958 group’s actual protest plans, speaking via the BBC this week, the supporters’ trust has confirmed that they will be making a vocal statement outside the stadium on Sunday, 1 February.
Travelling Reds already made their thoughts known with a very blunt, provocative and somewhat controversial banner in the away end at Turf Moor for the 2-2 draw against Burnley.
With Man United approaching a third-round FA Cup tie against Brighton and two big games in the form of a Manchester Derby at home and a trip to Arsenal, they have decided to choose the Fulham game at Old Trafford to stage the march.
Despite admitting that the results under Amorim were no way near good enough, they insist that the – most notably the overarching and Glazer family shadow ever looming over the organisation.
Further details around the actual timings and locations are still yet to be shared by the organisers, but you can expect this to be a well-attended, large-scale event.
Often convening at The Tollgate pub near regular matchday tram stop, Trafford Bar, before walking down Talbot Road towards the ground itself, we imagine Reds will then descend upon the Theatre of Dreams in their thousands.
In case you didn’t already surmise from the video itself, Ratcliffe and co. will be no doubt the subject of the usual chants, as well as more banners and flags.
What do you make of the latest plans, Man United fans?
Nothing will ever be quite as bold as the infamous Old Trafford break-in from 2022 (Credit: The Manc)
More Greater Manchester football matches called off as Storm Goretti sets in
Danny Jones
Yet more scheduled football matches in Greater Manchester and the surrounding regions have been postponed and/or cancelled due to Storm Goretti.
The increasingly cold, blustery and icy conditions moving over from France and across more parts of the UK have already caused schools to close, flights to be grounded, and plenty more disruption.
Another such inconvenience has come in the form of live sports, large swathes of which now look like they simply won’t be taking place.
One of the latest to be called off is Salford City‘s upcoming game against Swindon Town in the FA Cup this weekend, with various other games involving teams up and down the footballing pyramid now facing uncertainty over whether their third-round fixtures will go ahead as planned.
Ironically, this is just the tip of the iceberg, if you’ll pardon the very obvious pun.
Another game that was called off late last week, between Chadderton and FC Isle of Man, is yet to be rescheduled; the same is true of Rochdale AFC’s meeting with Brackley Town, Radcliffe v Oxford City, as well as games involving Bury, Stockport Town, Irlam, Cheadle Town, Prestwich Heys and more.
Other nearby outfits, such as Chorley, Warrington Rylands and Ramsbottom United, just to name a few, are also still unsure of when their next game will be.
In many cases, it is simply a matter of the grounds being largely or completely frozen and deemed unfit for use following pitch inspections.
Oldham Athletic – which has already been hit with plenty of snow and frost – yesterday confirmed that their Notts County clash wouldn’t be going ahead due to that very reason.
With winds of up to 90 miles per hour also being reported, yellow and even red weather warnings have been issued across various parts of the country, with people being urged to check their routes home from work by local authorities.
Storm Goretti should start calming down this evening (Fri, 9 January) and into Saturday morning, but the after-effects could still play havoc over the next few days.
For instance, over in Cheshire, Macclesfield FC are going so far as to call on nearby residents to help clear their playing surface from heavy snowfall.
So, if you’re in the area and fancy helping out, they could sure do with your help.
VOLUNTEERS REQUIRED
Macclesfield FC are once again requesting the help of the fanbase and the local community to help clear the remainder of the compacted snow from the surrounding areas of the https://t.co/fL99QEEJ4D Stadium.
Danny Jones -
29th November 2024 
