A tile shop has shut its doors for good after falling into administration.

CTD Tiles at Helical Trade Centre, Millbrook is one of 56 stores across the UK that has closed.

The national company collapsed into insolvency on Monday after coming under pressure from a downturn in the home improvement sector.

Administrators of the business said that 268 workers were made redundant immediately after the collapse.

The company ran 86 stores across the country and employed 425 staff.

However, 30 of its shops and two distribution sites were bought in a rescue deal by rival Topps Group, which trades as Topps Tiles.

But the Southampton store is one that has not been saved by Topps, meaning it will remain closed.

Administrators from Interpath Advisory said competitor Topps had struck a deal to buy CTD’s brands, intellectual property, stock, 30 stores and operation of distribution sites in Leeds and Kings Norton, Birmingham, for around £9 million.

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It is understood that 92 workers will transfer to Topps Tiles.

Administrators will also keep on a further 65 people to deal with the transition of the administration process.

CTD ran sites across the UK with trade and retail showrooms and recorded roughly £75 million in revenues for the past year.

James Lumb, managing director at Interpath Advisory and joint administrator of CTD Tiles, said tough market conditions proved “insurmountable” for the supplier in recent months “as consumer and trade demand failed to recover in line with expectations”.

He added: “The transaction with Topps Group provides continuity for a considerable number of staff and stores as part of a major tiles group.

“Regrettably, the remaining sites have closed, which has resulted in redundancies.

“We are now focused on supporting those staff and have specialist teams on site working with impacted employees to help make representations to the Redundancy Payments Service where relevant.”