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Tuffnells falls into administration with more than 2,000 people made redundant

Staff at an Oldham delivery depot job's have been put at risk as it was announced Tuffnells has fallen into administration.

The Sheffield headquartered delivery giant officially announced today that more than 2,200 staff across the UK were set to lose their jobs due to administration, after the news was initially reported in The Telegraph over the weekend. Tuffnells has a delivery depot off Shaw Road in Royton, Oldham.

Administrators are set to keep just 128 of the business’s staff after being appointed on Monday. Staff at the Royton depot were reportedly told on Friday last week (June 9) about the potential administration.

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The company has 33 depots across the UK, and handles logistics to more than 160 destinations around the world. The business has been under pressure since it was taken into independent ownership in 2020, hit by Covid-19 pressures, rising costs and increased competition, administrators at Interpath said.

After being appointed as administrator for Tuffnells, Rick Harrison, managing director at Interpath Advisory, said: “Unfortunately, the highly competitive nature of the UK parcel delivery market, coupled with significant inflation across the company’s fixed-cost base in recent times, has resulted in the company experiencing intense pressure on cashflow. Today’s news will be particularly devastating for Tuffnells’ 2,200 dedicated employees.

"Regrettably, with deliveries suspended and with no prospect of them resuming in the immediate term, we have had to make the majority of staff redundant. Our utmost priority will be to provide all those impacted with every support they need in making claims to the Redundancy Payments Office

Read more on manchestereveningnews.co.uk