LONDON, Jan 13, 2026, 19:46 GMT
- UK media report that CW Sellors has filed a notice of intention to appoint administrators.
- A law firm reported the jeweller had about 190 employees in its most recent accounts.
- A Savills brochure revealed the group posted a pre-tax loss for the year ending April 2024.
Family-owned British jeweller C.W. Sellors has submitted a notice of intention to appoint administrators, aiming to buy time for a potential rescue deal, TheBusinessDesk reported Tuesday. The Derbyshire-based group has administrators on standby amid struggles with rising costs and losses, according to the report. 1
The filing puts pressure on staff and suppliers at the privately owned retailer, which had about 190 employees according to its latest accounts, Morrish Solicitors said. It continues a trend of UK retailers using insolvency measures to buy time, sometimes just for a few days. 2
A notice of intention is filed at court, triggering a moratorium—a legal pause that limits creditor action—usually lasting 10 business days, according to restructuring firm Begbies Traynor. This period is meant to prompt a swift decision on funding, a sale, or moving into formal insolvency proceedings. 3
Companies House data lists C.W. Sellors (Gold and Silversmiths) Limited as a private limited company based in Ashbourne, central England. Its most recent accounts cover the period ending April 30, 2024, with the next filing deadline set for January 31, 2026. 4
The company calls itself an independent, family-run jeweller and luxury watch retailer, with both boutiques and online outlets. It carries brands like Tudor, Panerai, IWC, Breitling, and TAG Heuer. 5
A Savills brochure outlining a sale-and-leaseback deal for an Ashbourne retail property revealed the group’s sales revenue fell to £28.5 million in the year ending April 2024, down from £30.5 million the previous year. The same document showed a pre-tax loss of £2.27 million, a reversal from the £0.6 million profit recorded in 2023. 6
The jeweller is also selling a 17.5-acre site at Carsington Water near Ashbourne, with Savills handling the search for a buyer, Place Midlands reported in September. Victor Ktori, head of office at Savills Nottingham, described it as “a striking headquarters building built to high specifications.” 7
Filing a notice of intention doesn’t ensure an administration will happen. Companies often use this period to try and raise new capital or offload assets. If negotiations collapse, administrators can step in swiftly, forcing creditors to scramble for whatever’s left to recover.
Several UK high street firms have tapped into this approach recently, fashion accessories retailer Claire’s among them, according to Morrish Solicitors. 8
High street retailer The Original Factory Shop has filed a notice of intention, according to Morrish, which noted the company employs over 1,500 people across 160 stores. 9
The Sun reported that CW Sellors stayed open and continued trading as it searched for an investor or buyer throughout the moratorium period. The tabloid noted the chain operates stores across Derbyshire, Shropshire, and North Yorkshire. 10
