DIY Giant Toolstream Plunges into Administration, Over 100 Jobs Lost
ByAinvest
Saturday, Dec 20, 2025 8:43 am ET1min read
DIY business Toolstream has collapsed into administration, resulting in the loss of over 100 jobs. Founded in 2009, the company was the sole distributor of DIY tools and fixings across Britain and Europe. Administrators cited challenging trading conditions and limited stock availability due to the Covid-19 global supply crisis as the reason for the collapse. A small number of staff have been retained to assist with ongoing operations.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet