Historic Denby Pottery Faces Administration Threat, 500 Jobs at Risk
A historic Midland pottery manufacturer is fighting for survival after submitting a notice of intention to appoint administrators. The Denby Pottery Company, along with its associated enterprises, filed the notice on Wednesday, March 11, which provides a 10-day protection from creditor legal actions while the company arranges for an administrator to take over operations or sell its assets.
Financial Struggles and Workforce Impact
In its latest financial accounts for 2024, the business reported a significant 17 percent decline in turnover during what it described as a "difficult trading year globally." The group employs more than 500 staff members, with the majority based in Derbyshire. The company was most recently acquired by the restructuring firm Hilco Capital in 2010.
Union and Political Response
The announcement has prompted a strong reaction from the GMB union, which represents employees at Denby Pottery Group. Craig Thomson, GMB Organiser, expressed concern, stating, "Denby pottery is a British icon, producing some of the world's finest ceramics. This is a worrying time for workers across Denby. We are working closely with our members and reps on site. Britain's ceramics industry is the envy of the world."
Thomson emphasized the need for urgent government action on energy prices to support the sector through this turbulent period.
Linsey Farnsworth, Labour MP for Amber Valley, highlighted her priority as "trying to ensure the stability of this vital local employer and protecting the livelihoods of its workforce." She has already held an urgent meeting with Denby's leadership to discuss the current situation and determine how best to provide support.
Farnsworth added, "I have also been in contact with GMB union representatives to ensure that the voices of the employees are heard during this period of uncertainty. Having previously raised the specific pressures facing the ceramics sector, particularly industrial energy costs, both in Parliament and directly with ministers, I will continue to advocate for the support Denby needs at a ministerial level."
The MP is actively engaged with the Treasury and the Department of Business and Trade, acting as a direct link between the company and government departments to explore every possible avenue for a positive outcome for Amber Valley.
Farnsworth concluded, "Denby remains a world-class, viable manufacturer that continues to trade and meet demand." The future of this iconic British ceramics producer now hangs in the balance as stakeholders work to secure its survival.
