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Headlam Enters Insolvency; Likewise Group Plc Acquires Assets

Steady: 0 in the last 7 days Updated oct 8

The latest in this situation

  1. Likewise Group Plc acquired selected Headlam assets and Kelso Group invested in the company.
  2. Headlam entered administration and insolvency on October 7, 2026.

How it started

1 report, 1 independent, last reported Oct 7. The briefing below covers this first event.

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Flooring firm Headlam entered administration and insolvency on October 7, 2026, and its shares were delisted from the London Stock Exchange. Likewise Group Plc acquired selected Headlam assets for £14.9 million. These assets include Headlam’s Thatcham distribution centre, the trade and assets of its Crucial Trading business, and its principal intellectual property.

From lbc.co.uk

Why it matters

Some supportBrind's analysis of the reports

The insolvency resulted in further job cuts and the closure of trade counters at Headlam. Likewise Group Plc stated that the acquisition would help it grow toward a target of £300 million in revenues.

From lbc.co.uk

How it developed

Newest first. Tap a step to see who reported it.
  1. Likewise Group Plc acquired selected Headlam assets and Kelso Group invested in the company.Sub-event
  2. Headlam entered administration and insolvency.1 source

Coverage

Newest first; wire copies grouped