Typhoo Tea bust

Author
Discussion

KAgantua

4,282 posts

139 months

Friday 29th November
quotequote all
The economic downturn bags another british company...

Astacus

3,497 posts

242 months

Friday 29th November
quotequote all
Always drink Yorkshire Tea myself. Enough "body" to stand a teaspoon up in smile


Square Leg

14,968 posts

197 months

Friday 29th November
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Oooooooo, that’s a shame.

But I too prefer Yarksheer tea.

Ganglandboss

8,373 posts

211 months

Friday 29th November
quotequote all
ridds said:
The Mail said:
Typhoo suffered after a break-in at one of its factories in Merseyside, which was used to store expensive equipment and tea stock.

The raid caused 'extensive damage' to both, with Typhoo having to spend £24 million to repair the damage and boost stocks.

The planned sale of the factory was also delayed by the incident, although was completed by June this year.
£24m from a Break-in??? biglaugh

Just before they were selling said Factory. redcard
https://www.wirralglobe.co.uk/news/24727664.typhoo-tea-brink-collapse-100-jobs-risk/

"In August 2023, Typhoo suffered a further blow when trespassers broke into the company’s former factory in Moreton and occupied the site for several days."

In other words, 'nice, law-abiding travellers'.

I'm a mechanical and electrical specialist at a loss adjusting firm. This sort of thing makes up about 25% of my case load. You get a vacant commercial building, nice honest salt of the earth travellers rock up and move the concrete barriers with an excavator, and the transit vans and caravans move in. Usually on a Friday afternoon.

Police turn up, no crime here. Trespass. It's a civil matter.

Property owners cannot get a court order until next week, so the nice honest travellers are there for the weekend.

When they get a court order, they move on, and the owners soon find the swiitchboard has been ripped open, and all the large copper sub-mains cable has been ripped out. I expect there would have been a fair amount of stainless steel on any machinery left in there. That will have been ransacked too.

A £24m loss would not surprise me.

fly by wire

3,432 posts

133 months

Friday 29th November
quotequote all

Not enough teabagging.


Bluevanman

7,929 posts

201 months

Friday 29th November
quotequote all
Of the brands they're usually the cheapest.They've been selling a box of 100 one cup teabags for £1 (89p in Farmfoods).240 bag boxes are always on offer and cheaper than comparable brands.
I'm guessing their profit margins are small when you're always trying to be the cheapest

heisthegaffer

3,663 posts

206 months

Friday 29th November
quotequote all
Ganglandboss said:
ridds said:
The Mail said:
Typhoo suffered after a break-in at one of its factories in Merseyside, which was used to store expensive equipment and tea stock.

The raid caused 'extensive damage' to both, with Typhoo having to spend £24 million to repair the damage and boost stocks.

The planned sale of the factory was also delayed by the incident, although was completed by June this year.
£24m from a Break-in??? biglaugh

Just before they were selling said Factory. redcard
https://www.wirralglobe.co.uk/news/24727664.typhoo-tea-brink-collapse-100-jobs-risk/

"In August 2023, Typhoo suffered a further blow when trespassers broke into the company’s former factory in Moreton and occupied the site for several days."

In other words, 'nice, law-abiding travellers'.

I'm a mechanical and electrical specialist at a loss adjusting firm. This sort of thing makes up about 25% of my case load. You get a vacant commercial building, nice honest salt of the earth travellers rock up and move the concrete barriers with an excavator, and the transit vans and caravans move in. Usually on a Friday afternoon.

Police turn up, no crime here. Trespass. It's a civil matter.

Property owners cannot get a court order until next week, so the nice honest travellers are there for the weekend.

When they get a court order, they move on, and the owners soon find the swiitchboard has been ripped open, and all the large copper sub-mains cable has been ripped out. I expect there would have been a fair amount of stainless steel on any machinery left in there. That will have been ransacked too.

A £24m loss would not surprise me.
I knew of a loss where the (presumably) disused sub station was nicked in its entirety.

dandarez

13,465 posts

291 months

Friday 29th November
quotequote all
Of late it's very true they are (were!) the cheapest. But then most tea today is poor in comparison to the old stuff, ie 'leaf tea' brewed in a pot properly.

The best tea today (I'm a tea drinker, occasional coffee drinker) is Yorkshire ...but the RED envelope bagged ones. And the most expensive.
Yorkshire Tea, Yorkshire Gold is no comparison to the individual 'red' bagged stuff (usually for hotel chains etc, but you can buy it, and I do).


Of course, we've turned into Yanks and Canadians in the last 20 yrs we've changed to coffee drinkers. Before that you rarely, if ever, saw anyone walking the streets of a village, town or city with an outstretched arm and the now obligatory cup of coffee in hand.
I lost count today in town - you can't walk 50 yds without seeing them.
Even I do it! But instead of paying a snotty-nosed kid in Starbucks or Nero etc, I take my own mug and get mine as a freebie in Waitrose!

In the 50s when I had my first cup of tea, it was Typhoo - one of the best selling teas, along with Lipton's, Horniman's (wtf happened to them?) - Typhoo was initially called Typhoo Tipps (Tips was inadvertently spelt incorrectly) - later used by that rival Brooke Bond for PG Tips. Educational pic cards were in each pack (like they were with fags, sweets, ice lollies etc, etc).


edit for a bit of useless info:
Typhoo - is from the Mandarin Chinese word for 'Doctor'.


Edited by dandarez on Friday 29th November 21:24

KAgantua

4,282 posts

139 months

Saturday 30th November
quotequote all
Rumours on Twitter are that it failed due to being a pyramid scheme.

mac96

4,477 posts

151 months

Saturday 30th November
quotequote all
heisthegaffer said:
I knew of a loss where the (presumably) disused sub station was nicked in its entirety.
Don't forget that the loveable scamps will rip out any metal waterpipes for scrap on their last day, so anything they leave behind will be flood damaged .

gazza285

10,208 posts

216 months

Saturday 30th November
quotequote all
KAgantua said:
Rumours on Twitter are that it failed due to being a pyramid scheme.
Dreadful.

Downward

4,104 posts

111 months

Saturday 30th November
quotequote all
Always been a Tetley tea drinker and won’t change.
Sorry Typhoo I just don’t like the taste.

heisthegaffer

3,663 posts

206 months

Saturday 30th November
quotequote all
mac96 said:
heisthegaffer said:
I knew of a loss where the (presumably) disused sub station was nicked in its entirety.
Don't forget that the loveable scamps will rip out any metal waterpipes for scrap on their last day, so anything they leave behind will be flood damaged .
Yes and also any damage released from asbestos released onto the air... Costs a fair chunk to clean that up.

Previous

1,509 posts

162 months

Saturday 30th November
quotequote all
heisthegaffer said:
mac96 said:
heisthegaffer said:
I knew of a loss where the (presumably) disused sub station was nicked in its entirety.
Don't forget that the loveable scamps will rip out any metal waterpipes for scrap on their last day, so anything they leave behind will be flood damaged .
Yes and also any damage released from asbestos released onto the air... Costs a fair chunk to clean that up.
Plus any faeces left (human). That'd be enough to warrant writing off the stock.

It looks as though the factory break in, whilst by no means not the only contributing factor, has had a material impact on debt levels and the ultimate failure of the company.

I wonder at what point this type of criminal activity warrants a robust response from the Authority's... as currently it appears it goes completely without consequence, despite the perpetrators being well known.

I suspect we're still way, way off that point

OutInTheShed

9,468 posts

34 months

Saturday 30th November
quotequote all
KAgantua said:
Rumours on Twitter are that it failed due to being a pyramid scheme.
The competition used Chimp labour.....

wibble cb

3,768 posts

215 months

Saturday 30th November
quotequote all
My family always had sainsburys own red label tea, no idea who made it, here in Toronto, Tetley rules.

devnull

3,796 posts

165 months

Sunday 1st December
quotequote all
dandarez said:
Of late it's very true they are (were!) the cheapest. But then most tea today is poor in comparison to the old stuff, ie 'leaf tea' brewed in a pot properly.

The best tea today (I'm a tea drinker, occasional coffee drinker) is Yorkshire ...but the RED envelope bagged ones. And the most expensive.
Yorkshire Tea, Yorkshire Gold is no comparison to the individual 'red' bagged stuff (usually for hotel chains etc, but you can buy it, and I do).


Of course, we've turned into Yanks and Canadians in the last 20 yrs we've changed to coffee drinkers. Before that you rarely, if ever, saw anyone walking the streets of a village, town or city with an outstretched arm and the now obligatory cup of coffee in hand.
I lost count today in town - you can't walk 50 yds without seeing them.
Even I do it! But instead of paying a snotty-nosed kid in Starbucks or Nero etc, I take my own mug and get mine as a freebie in Waitrose!

In the 50s when I had my first cup of tea, it was Typhoo - one of the best selling teas, along with Lipton's, Horniman's (wtf happened to them?) - Typhoo was initially called Typhoo Tipps (Tips was inadvertently spelt incorrectly) - later used by that rival Brooke Bond for PG Tips. Educational pic cards were in each pack (like they were with fags, sweets, ice lollies etc, etc).


edit for a bit of useless info:
Typhoo - is from the Mandarin Chinese word for 'Doctor'.


Edited by dandarez on Friday 29th November 21:24
Are they actually better bags, or are you suffering placebo effect. I would love to know if the blend is actually different.

BigMon

4,727 posts

137 months

Sunday 1st December
quotequote all
dandarez said:
Even I do it! But instead of paying a snotty-nosed kid in Starbucks or Nero etc, I take my own mug and get mine as a freebie in Waitrose!

Edited by dandarez on Friday 29th November 21:24
That makes you sound like 'Norbert Colon' from Viz. wink



I too am sorry to see such a long lived brand go, but I only use teabags at work as we still drink loose leaf at home (and you can very much taste the difference too).

KAgantua

4,282 posts

139 months

Sunday 1st December
quotequote all
OutInTheShed said:
KAgantua said:
Rumours on Twitter are that it failed due to being a pyramid scheme.
The competition used Chimp labour.....
Economic crises always weed out the weak players in a sector - Its the test.

Starfighter

5,086 posts

186 months

Sunday 1st December
quotequote all
Not helped by their business model being full of holes.