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.
Popular bar chain The Alchemist to rewind back to 2010 with cocktails and dishes for £6 next month
Emily Sergeant
One of the UK’s most popular bar chains is celebrating its sweet 16th birthday next month by winding back to 2010.
Money is always tight in January, right?
Once Christmas is over with, and so is the festive feasting and drinking, many like to use the first month of the new year to lay low and save some money back up – which is why The Alchemist is launching a limited-edition ‘2010 Revival Menu’, bringing back some of its most iconic early cocktails and dishes – all at their original prices from 16 years ago.
For the whole month, you can enjoy the curated throwback selection starting from £6, which i perfectly timed for a month of saving without sacrificing going out.
The Alchemist is rewinding back to 2010 with cocktails and dishes for £6 / Credit: The Manc Group
The 2010 Revival Menu includes the return of the fan-favourite White Chocolate Raspberry Martini for £6 on the cocktail menu, which was an early Alchemist staple, alongside other fan-favourites like the Colour Changing One and Virgin Pornstar, both for £6 again.
When it comes to food dishes for £6, you can tuck into a selection of different refreshing salads, while stretching your budget up to £10 will get you things like Chicken in a Basket, a Cheeseburger, and Fish and Chips.
Other iconic Alchemist cocktails returning for a fraction of the price next month include the popular Smoky Old Fashioned, and Dead Read Zombie – both for £8.
The Alchemist opened its original bar in Manchester‘s swanky Spinningfields district all the way back in 2010, and quickly became a popular and stylish destination with its high ceilings and industrial features, and has since developed into a much larger chain – with not only more Manchester destinations, but others across the UK too.
Macclesfield FC player Ethan McLeod tragically killed in car crash
Danny Jones
Local footballer Ethan McLeod, who played for Macclesfield FC, has sadly died following a tragic car crash on the motorway.
The Birmingham-born player and former Wolves academy talent was driving back home from Macclesfield’s away game against Bedford Town on Tuesday night when he was involved in a collision along the M1.
Just 21 years old, the talented Cheshire-based forward was a substitute in the 2-1 win over the East Midlands side in the National League North.
The accident is said to have occurred at around 10:40pm on 16 December near Northampton after his white Mercedes collided with a barrier.
You can read the official Silkmen statement in full down below:
“With the heaviest of hearts and an overwhelming sense of surrealism that Macclesfield FC can confirm the passing of 21-year-old forward Ethan McLeod.
Travelling back from Bedford Town last night, Ethan was involved in a car accident on the M1, which tragically took his life. Ethan was an incredibly talented and well-respected member of our First Team Squad, who had his whole life ahead of him.
“But more than that, Ethan’s infectious personality endeared him to everyone that he came into contact with. In giving his all in everything he did, Ethan effortlessly pushed us all to be the best we can be – both on and off the pitch.
“Ethan’s professionalism and unwavering work ethic inspired everyone, and his lust for life put smiles on all our faces – even on the darkest of days. News of Ethan’s passing has devastated our entire Club, and no words can convey the immense sense of sadness and loss that we feel now.
Rest in peace, Ethan McLeod.
The Macclesfield FC forward was involved in a car accident that took his life when travelling back from Bedford Town on Tuesday night. pic.twitter.com/A3u7JFmdlE
“The deep mental scars elicited from Ethan’s passing will undeniably never heal”, they continued, “but one thing is for sure, and that is Ethan’s vibrant legacy will never fade, no matter how much time passes in the future.
“Ethan will live in our hearts and minds forevermore, and no matter what the future holds, his unique smile that mesmerised us all will never be forgotten.
“Our deepest sympathy goes out to Ethan’s family and friends at this deeply traumatic time, together with an assurance that we will provide as much support as we can to those who need it. May you rest in peace, Ethan – you will forever be a Silkman.
His past clubs, as well as plenty of other teams, organisations and people in and around the footballing world, are paying tribute to the promising youngster.
Rest in peace.
Our thoughts are with the family and friends of Macclesfield forward Ethan McLeod who has passed away following a car accident last night.
The 21 year old spent a number of years with the academy setup at Wolves and will be missed by many. #WWFCpic.twitter.com/MSjKaISMKT
Danny Jones -
29th November 2024 
