Toolstream Collapses Into Administration With Over 100 Job Losses
22 December 2025Major Tools Distributor Faces Financial Crisis Toolstream Limited and Group Silverline Limited fell into administration on December 11 2025, with Hywel Phillips and Gavin Park of Teneo Financial Advisory Limited appointed as joint administrators. This development marks a significant blow to the UK’s tools distribution sector, as Toolstream is the sole distributor of more than […]