A combination of circumstances has resulted in the closure of the Spur Shelving manufacturing facility in Torrington on Friday 31 January 2020. Founded in 1953, since when it has grown into one of the most respected names in the shelving industry, manufacturing of Spur Shelving was resumed in Torrington in 2007 by Storage Solutions.
Storage Solutions managing director Peter Sully said: “I would like to thank the team for all their efforts over the years. All of them were working to get orders out even when they knew they would be leaving the company. As a result of the closure, 11 people have lost jobs whose skills and experience are valuable to any future employer.
“My thanks too to being welcomed into Torrington in 2007. I am extremely sorry we were not able to get over this last bump in the road, having got over so many others causing us to rethink the business on numerous occasions.
“We had a lot of interest in the business, but due to its diverse nature no one was able to make an offer. The business is now being split up and by splitting the brands there should be a future for Spur Shelving, as we want to keep it in the UK.”
Peter Sully explained that the combination of circumstances leading to the company entering administration on 8 January 2020 included its long-term challenge to ensure traders supplied its own genuine products as promised rather than substituting inferior alternatives. The company won a decisive High Court victory against infringers in 2013, but problems persisted. More recently, the company experienced extremely difficult trading conditions as a direct result of the Brexit uncertainty created by Parliament after March 2019. These were compounded by the discovery of fraud by an individual within the company. The promise of finance to rescue the business was secured in late 2019, but this did not materialise after the individual financial backer fell seriously ill.
Peter said he was now working to salvage as much of the operation as possible and welcomes any viable offers of assistance.