Wednesday 30 July 2008
Tuesday 29 July 2008
Thursday 24 July 2008
Wednesday 23 July 2008
Bathroom Suite Including Roll Top Bath « Bathroom Suites Weblog
Bathroom Suite Including Roll Top Bath « Bathroom Suites Weblog
Traditional Bathrooms Limited offer the lowest prices on Free Standing Roll Top Baths. We have an international reputation for suppling high quality low cost bathroom suites. This superb value Traditional Bathroom Suite will add thousands of pounds onto the sale price of your home whilst affording you the luxury of bathing in a stylish grandiose roll top bath. How can Traditional Bathrooms Limited offer such a fabulous bathroom suite at the cost of a budget bathroom ? It's easy! Our philosophy is a simple one. We sell high volumes of bathroom products at lower profit margins than our competitors. Our massive purchasing power and expert knowledge of the bathroom sector as allowed us to source high quality exclusive bathroom products which we sell direct to the public. We don't buy through agents and distributors. We buy direct and sell direct!
This luxury designer traditional bathroom suite includes:
Twin Skinned Reinforced Acrylic Free Standing Roll Top Bath.
Pre Drilled With 2 Tap Holes (180mm centers).
Hard Wearing Chrome Plated Bath Legs.
Easy Fit Bath Legs With A Steel Supporting Cradle.
Height Adjustable Legs For Out Of Level Floors.
Chrome Plated Bath Retainer Waste. ( Also Available With Exposed Roll Top Bath Pack Option)
Close Coupled Toilet Pan.
Close Coupled Cistern.
Cistern Fittings.
Ceramic Cistern Lever.
Toilet Seat.
2 Tap Hole Basin.
Pedestal.
Chrome Plated Traditional Style Bath Shower Mixer.
Chrome Plated Traditional Style Basin Taps.
Chrome Plated Basin Waste.
Traditional Bathrooms Limited offer the lowest prices on Free Standing Roll Top Baths. We have an international reputation for suppling high quality low cost bathroom suites. This superb value Traditional Bathroom Suite will add thousands of pounds onto the sale price of your home whilst affording you the luxury of bathing in a stylish grandiose roll top bath. How can Traditional Bathrooms Limited offer such a fabulous bathroom suite at the cost of a budget bathroom ? It's easy! Our philosophy is a simple one. We sell high volumes of bathroom products at lower profit margins than our competitors. Our massive purchasing power and expert knowledge of the bathroom sector as allowed us to source high quality exclusive bathroom products which we sell direct to the public. We don't buy through agents and distributors. We buy direct and sell direct!
This luxury designer traditional bathroom suite includes:
Twin Skinned Reinforced Acrylic Free Standing Roll Top Bath.
Pre Drilled With 2 Tap Holes (180mm centers).
Hard Wearing Chrome Plated Bath Legs.
Easy Fit Bath Legs With A Steel Supporting Cradle.
Height Adjustable Legs For Out Of Level Floors.
Chrome Plated Bath Retainer Waste. ( Also Available With Exposed Roll Top Bath Pack Option)
Close Coupled Toilet Pan.
Close Coupled Cistern.
Cistern Fittings.
Ceramic Cistern Lever.
Toilet Seat.
2 Tap Hole Basin.
Pedestal.
Chrome Plated Traditional Style Bath Shower Mixer.
Chrome Plated Traditional Style Basin Taps.
Chrome Plated Basin Waste.
Friday 18 July 2008
BATHROOMS SUPERSTORE - BATHROOM SUITES, BATHROOM FURNITURE, BATHS
BATHROOMS SUPERSTORE - BATHROOM SUITES, BATHROOM FURNITURE, BATHSAbstract Bathrooms a subsidiary of Traditional Bathrooms, have just released an amazing selection of Stylish Designer Bathroom suites, suitable for most bathroom settings but particularly at home in a contemporary setting. all items made to a high standard with a great quality finish.
The Apex Bathroom Suite
This Stylish Modern Bathroom suite is designed with maximising space in mind with its corner basin and close coupled corner toilet it can expand the space in almost any bathroom comparatively to most other bathroom suite styles. The Apex Suite Includes: Apex Close Coupled Pan, Apex Close Coupled Corner Cistern, Apex Push Button Cistern Fittings, Dedicated Toilet Seat, Apex Single Tap Hole Corner Basin, Apex Full Pedestal.
The Alexis Bathroom Suite
The Alexis suite is a Stylish suite with a simplistic design but with the push button cistern which just gives it that bit more modern feel, suitable for almost any setting, The Alexis Suite includes: Alexis Close Coupled Pan, Alexis Close Coupled Cistern, Alexis Push Button Cistern Fittings, Dedicated Toilet Seat, Single Tap Hole Basin, Full Pedestal.
The Sector Bathroom Suite
The Sector Bathroom suite is most certainly contemporary in design, the curved design offers a sleek and smooth feel to the bathroom suite, the concealed cistern that needs to be incorporated into the suite further enhances the sleek and smooth feel, The sector Bathroom Suite includes:Sector Back To Close Wall Pan, Dedicated Toilet Seat ,Sector Single Tap Hole Basin, Sector Full Pedestal.
The Freedom Bathroom Suite
The Freedom Bathroom Suite is of a very simplistic modern design this is most evident by the thin cistern that is a very modern in design, Also the freedom suite comes with a soft close toilet seat which is a great addition so as to stop the toilet seat from slamming down when you let go, The Freedom Bathroom Suite includes: Freedom Close Coupled Pan, Freedom Close Coupled Cistern, Freedom Push Button Cistern Fittings, Dedicated Toilet Seat, Freedom Single Tap Hole Basin, Freedom Full Pedestal.
The Silke Bathroom Suite
The Molino Bathroom Suite
The Molino Bathroom Suite is a sleek stylish modern designed bathroom suite, the whole suite gives a very rounded smooth effect with both the pan and pedestal being very deeply rounded. The Molino suite includes: Molino Close Coupled Pan, Molino Close Coupled Cistern, Molino Push Button Cistern Fittings, Dedicated Toilet Seat, Molino Single Tap Hole Basin, Molino Semi Pedestal.
The Sorea Bathroom Suite
The Sorea Bathroom Suite is a very contemporary feel to it with the pedestal and basin having very definitive and sharp lines and edges giving it a sharp modern feel to the suite as a whole. The Sorea Bathroom Suite includes: Sorea Close Coupled Pan, Sorea Close Coupled Cistern, Sorea Push Button Cistern Fittings, Dedicated Toilet Seat, Sorea Single Tap Hole Basin, Sorea Full Pedestal.
The Veneto Bathroom Suite
The Veneto Bathroom Suite has a very robust elegance feel to it with its stylish shapes but still large shaped objects throughout the suite it offers a very different mix to a modern styled bathroom. The Veneto Bathroom Suite Includes: Veneto Close Coupled Pan, Veneto Close Coupled Cistern, Veneto Push Button Cistern Fittings, Dedicated Toilet Seat, Veneto Single Tap Hole Basin, Veneto Full Pedestal.
The Jessica Bathroom Suite
The Jessica Bathroom Suite is a stylish modern suite with a very cylindrical design to it with even the cistern not being the conventional square shape but instead having a rounded face. The Jessica Bathroom Suite Includes: Jessica Close Coupled Pan, Jessica Close Coupled Cistern, Jessica Push Button Cistern Fittings, Dedicated Toilet Seat, Jessica Single Tap Hole Basin, Jessica Full Pedestal.
The Palermo Bathroom Suite
The Palermo Bathroom Suite this elegant and stylish modern design bathroom suite is perfect for most bathroom settings. The Palermo Bathroom Suite includes: Palermo Close Coupled Pan, Palermo Close Coupled Cistern, Palermo Push Button Cistern Fittings, Dedicated Toilet Seat, Palermo Single Tap Hole Basin, Palermo Full Pedestal.
The Palermo Wall Hung Bathroom Suite
The Palermo Wall Hung Bathroom Suite is mostly similar in design to the palermo bathroom suite the obvious difference being that it is wall hung this adds certainly a different feel and versatility to the bathroom suite that the more conventional style. The palermo wall hung bathroom suite includes: Palermo Wall Hung Pan, Dedicated Toilet Seat, Palermo Single Tap Hole Basin, Palermo Semi Pedestal.
The Apex Bathroom Suite
This Stylish Modern Bathroom suite is designed with maximising space in mind with its corner basin and close coupled corner toilet it can expand the space in almost any bathroom comparatively to most other bathroom suite styles. The Apex Suite Includes: Apex Close Coupled Pan, Apex Close Coupled Corner Cistern, Apex Push Button Cistern Fittings, Dedicated Toilet Seat, Apex Single Tap Hole Corner Basin, Apex Full Pedestal.
The Alexis Bathroom Suite
The Alexis suite is a Stylish suite with a simplistic design but with the push button cistern which just gives it that bit more modern feel, suitable for almost any setting, The Alexis Suite includes: Alexis Close Coupled Pan, Alexis Close Coupled Cistern, Alexis Push Button Cistern Fittings, Dedicated Toilet Seat, Single Tap Hole Basin, Full Pedestal.
The Sector Bathroom Suite
The Sector Bathroom suite is most certainly contemporary in design, the curved design offers a sleek and smooth feel to the bathroom suite, the concealed cistern that needs to be incorporated into the suite further enhances the sleek and smooth feel, The sector Bathroom Suite includes:Sector Back To Close Wall Pan, Dedicated Toilet Seat ,Sector Single Tap Hole Basin, Sector Full Pedestal.
The Freedom Bathroom Suite
The Freedom Bathroom Suite is of a very simplistic modern design this is most evident by the thin cistern that is a very modern in design, Also the freedom suite comes with a soft close toilet seat which is a great addition so as to stop the toilet seat from slamming down when you let go, The Freedom Bathroom Suite includes: Freedom Close Coupled Pan, Freedom Close Coupled Cistern, Freedom Push Button Cistern Fittings, Dedicated Toilet Seat, Freedom Single Tap Hole Basin, Freedom Full Pedestal.
The Silke Bathroom Suite
The Silke Bathroom Suite is a very minimalistic design with simplicity in mind while still keeping a very stylish appeal to it. The Silke Bathroom Suite Includes: Silke Close Coupled Pan, Silke Close Coupled Cistern, Silke Push Button Cistern Fittings, Dedicated Toilet Seat, Silke Single Tap Hole Basin, Silke Full Pedestal. 
The Georgia II Bathroom Suite is a stylish modern designed suite with a simplistic design that still looks and feels luxurious, The Georgia II Bathroom Suite includes: Georgia II Close Coupled Pan, Georgia II Close Coupled Cistern, Georgia II Push Button Cistern Fittings, Dedicated Toilet Seat, Georgia II Single Tap Hole Basin, Georgia II Full Pedestal.
The Buxton Bathroom Suite is traditional in design and style with an emphasis on hard lines and edges throughout the suite in stark contrast to the more modern smooth lines. The Buxton Bathroom Suite Includes: Buxton close coupled pan, Buxton close coupled cistern, Buxton cistern fittings, Chrome and ceramic cistern lever, White toilet seat, Buxton 2 tap hole basin, Buxton full pedestal, Chrome basin waste.
The Molino Bathroom Suite
The Molino Bathroom Suite is a sleek stylish modern designed bathroom suite, the whole suite gives a very rounded smooth effect with both the pan and pedestal being very deeply rounded. The Molino suite includes: Molino Close Coupled Pan, Molino Close Coupled Cistern, Molino Push Button Cistern Fittings, Dedicated Toilet Seat, Molino Single Tap Hole Basin, Molino Semi Pedestal.
The Sorea Bathroom Suite
The Sorea Bathroom Suite is a very contemporary feel to it with the pedestal and basin having very definitive and sharp lines and edges giving it a sharp modern feel to the suite as a whole. The Sorea Bathroom Suite includes: Sorea Close Coupled Pan, Sorea Close Coupled Cistern, Sorea Push Button Cistern Fittings, Dedicated Toilet Seat, Sorea Single Tap Hole Basin, Sorea Full Pedestal.
The Veneto Bathroom Suite
The Veneto Bathroom Suite has a very robust elegance feel to it with its stylish shapes but still large shaped objects throughout the suite it offers a very different mix to a modern styled bathroom. The Veneto Bathroom Suite Includes: Veneto Close Coupled Pan, Veneto Close Coupled Cistern, Veneto Push Button Cistern Fittings, Dedicated Toilet Seat, Veneto Single Tap Hole Basin, Veneto Full Pedestal.
The Jessica Bathroom Suite
The Jessica Bathroom Suite is a stylish modern suite with a very cylindrical design to it with even the cistern not being the conventional square shape but instead having a rounded face. The Jessica Bathroom Suite Includes: Jessica Close Coupled Pan, Jessica Close Coupled Cistern, Jessica Push Button Cistern Fittings, Dedicated Toilet Seat, Jessica Single Tap Hole Basin, Jessica Full Pedestal.
The Palermo Bathroom Suite
The Palermo Bathroom Suite this elegant and stylish modern design bathroom suite is perfect for most bathroom settings. The Palermo Bathroom Suite includes: Palermo Close Coupled Pan, Palermo Close Coupled Cistern, Palermo Push Button Cistern Fittings, Dedicated Toilet Seat, Palermo Single Tap Hole Basin, Palermo Full Pedestal.
The Palermo Wall Hung Bathroom Suite
The Palermo Wall Hung Bathroom Suite is mostly similar in design to the palermo bathroom suite the obvious difference being that it is wall hung this adds certainly a different feel and versatility to the bathroom suite that the more conventional style. The palermo wall hung bathroom suite includes: Palermo Wall Hung Pan, Dedicated Toilet Seat, Palermo Single Tap Hole Basin, Palermo Semi Pedestal.
Wednesday 9 July 2008
Tuesday 8 July 2008
BATHROOMS SUPERSTORE - BATHROOM SUITES, BATHROOM FURNITURE, BATHS
BATHROOMS SUPERSTORE - BATHROOM SUITES, BATHROOM FURNITURE, BATHS
Hudson Reed have a fantastic range of bathroom taps bathroom showers and bath wastes. Both traditional taps and contemporary tap ranges are available.
New for 2008 the Arco Range
The Hudson Reed Arco tap range captures the essence on minimmalist design with the gentle sloping curve of the lever handle reflected in the graceful flat spout.
New for 2008 the Arina Range
The smooth curved lines of this ultra-modern Hudson Reed Arina tap oval range will add a distictive design touch to your bathroom.
Genna.
Hudson Reed Genna taps features flush lines, the handle mirroring the spout to produce a spectacular minimilist design.
Zaro
Hudson Reed Zaro taps offer a new twist on modern design with it's slender curved flat spout and square handles.
Kubix
The clean right angles of the Hudson Reed Kubix tap range offer the latest in contemporary style, whilst the highly polished chrome surface reflects the very best in brassware design.
Carmen
The Hudson Reed Carmen taps offer several mono basin design options - each with an individual sleek profile and distinctive rectangular handles. The bath filler and bath shower mixer options complete this cutting edge range.
Kristal
Kristal features a clean, minimalist body with a symmetrical crosshead handle design, to provide a stylish yet functional range for any bathroom.
Clio
The unique and distinctive shape of Hudson Reed Clio tap range is the ultimate in cutting edge design. The handles provide the perfect partner to the beautiful curves and slender lines of the spout.
P-Zazz
P-zazz takes minimalist design to a new dimension with the introduction of acute angles. The crosshead handle perfectly matches the mitred joints of the spout.
Kia
Make a statement with this highly fashionable cube design. Complete the styling with co-ordinating Hudson Reed Kia taps and showers.
Jule
For the ultimate up-to-date look, choose Hudson Reed Jule Taps, a simple square handle which is sure to become a bathroom classic.
Xeta
Hudson Reed Xeta a stunning range of lever mixers where line, form and function combine in perfect harmony.
Tec Crosshead
Hudson Reed Tec Crosshead tap fittings with crosshead handles introduce a timeless symmetry, an echo of the past yet as new as tomorrow. Made from solid brass, the smooth quarter turn action speaks of precision and total quality.
Tec Lever
Hudson Reed Tec Lever tap fittings with lever handles ring the changes with a new angle on water control. Their ease of use can also offer practicality for users, without compromising the design.
Tec Single Lever
Hudson Reed Tec Single Lever tap mixers provide fingertip control for flow and temperature, a stunning simplicity that proves beyond doubt that less really can mean more.
Tec Thermostatic Wall Mounted Sequential
The Hudson Reed Tec Thermostatic Sequential valve offers an easy-to-operate single lever for both flow and temperature control. There is a handle choice of lever or crosshead and the shower valve can be used for concealed or exposed installation.
Topaz
This range of Hudson Reed Topaz tap fittings offers the perfect upgrade for any traditional bathroom.
Jade Crosshead
The Hudson Reed Jade Crosshead tap range offers a Victorian style with a simple versatility that will complement most bathroom suites.
Jade Lever
Hudson Reed Jade Lever taps offer increased practicality without compromising on style. The ceramic disc valve offers up-to-date technology whilst maintaining a traditional look.
Lowry
The Hudson Reed Lowry taps combines a distinctive tapered design with traditional cross style head or practical levers, resulting in a simple classical design guaranteed to add elegance to any bathroom.
As one of the fastest growing suppliers of taps, showers, heated towel rails and accessories in the UK, the key to our success is simple: Hudson Reed offers the latest designs at affordable prices without compromising on quality.
As the manufacturer, Hudson Reed provide a distinct advantage, the ability to offer co-ordinating taps, showers, heated towel rails and accessories. Co-ordination is paramount to the popularity of the Hudson Reed brand by ensuring the perfect finishing touch to any bathroom and kitchen.
The growth of the Hudson Reed brand over the past 25 years has seen the Company expand from a small operation in a former air-raid shelter to premises boasting a state-of-the-art distribution centre, employing over 100 people.
Exceptional quality is one of the key factors contributing to the success of Hudson Reed. Hudson Reed offer a 10 year guarantee, unless otherwise stated, against manufacturing defects on all products when used in normal domestic applications (excluding serviceable parts, neglect or abuse). Additionally, we guarantee surface finishing for 10 years on Chrome, unless otherwise stated.
Over two decades of manufacturing experience has provided Hudson Reed with extensive market knowledge and the ability to offer the most popular styles at affordable prices.
Hudson Reed Bathroom Products Are On Sale At Traditional Bathrooms Limited
Hudson Reed's philosophy is a simple one. They provide luxury bathroom products at desirable prices, combining comfort and reliability with practicality and quality craftsmanship. The Hudson Reed design and manufacturing team work tirelessly to provide you with the best products at prices we believe will be hard to beat anywhere. Innovation is an everyday experience, with Hudson Reed you can share that experience
Hudson Reed have a fantastic range of bathroom taps bathroom showers and bath wastes. Both traditional taps and contemporary tap ranges are available.
New for 2008 the Arco Range
The Hudson Reed Arco tap range captures the essence on minimmalist design with the gentle sloping curve of the lever handle reflected in the graceful flat spout.
New for 2008 the Arina Range
The smooth curved lines of this ultra-modern Hudson Reed Arina tap oval range will add a distictive design touch to your bathroom.
Genna.
Hudson Reed Genna taps features flush lines, the handle mirroring the spout to produce a spectacular minimilist design.
Zaro
Hudson Reed Zaro taps offer a new twist on modern design with it's slender curved flat spout and square handles.
Kubix
The clean right angles of the Hudson Reed Kubix tap range offer the latest in contemporary style, whilst the highly polished chrome surface reflects the very best in brassware design.
Carmen
The Hudson Reed Carmen taps offer several mono basin design options - each with an individual sleek profile and distinctive rectangular handles. The bath filler and bath shower mixer options complete this cutting edge range.
Kristal
Kristal features a clean, minimalist body with a symmetrical crosshead handle design, to provide a stylish yet functional range for any bathroom.
Clio
The unique and distinctive shape of Hudson Reed Clio tap range is the ultimate in cutting edge design. The handles provide the perfect partner to the beautiful curves and slender lines of the spout.
P-Zazz
P-zazz takes minimalist design to a new dimension with the introduction of acute angles. The crosshead handle perfectly matches the mitred joints of the spout.
Kia
Make a statement with this highly fashionable cube design. Complete the styling with co-ordinating Hudson Reed Kia taps and showers.
Jule
For the ultimate up-to-date look, choose Hudson Reed Jule Taps, a simple square handle which is sure to become a bathroom classic.
Xeta
Hudson Reed Xeta a stunning range of lever mixers where line, form and function combine in perfect harmony.
Tec Crosshead
Hudson Reed Tec Crosshead tap fittings with crosshead handles introduce a timeless symmetry, an echo of the past yet as new as tomorrow. Made from solid brass, the smooth quarter turn action speaks of precision and total quality.
Tec Lever
Hudson Reed Tec Lever tap fittings with lever handles ring the changes with a new angle on water control. Their ease of use can also offer practicality for users, without compromising the design.
Tec Single Lever
Hudson Reed Tec Single Lever tap mixers provide fingertip control for flow and temperature, a stunning simplicity that proves beyond doubt that less really can mean more.
Tec Thermostatic Wall Mounted Sequential
The Hudson Reed Tec Thermostatic Sequential valve offers an easy-to-operate single lever for both flow and temperature control. There is a handle choice of lever or crosshead and the shower valve can be used for concealed or exposed installation.
Topaz
This range of Hudson Reed Topaz tap fittings offers the perfect upgrade for any traditional bathroom.
Jade Crosshead
The Hudson Reed Jade Crosshead tap range offers a Victorian style with a simple versatility that will complement most bathroom suites.
Jade Lever
Hudson Reed Jade Lever taps offer increased practicality without compromising on style. The ceramic disc valve offers up-to-date technology whilst maintaining a traditional look.
Lowry
The Hudson Reed Lowry taps combines a distinctive tapered design with traditional cross style head or practical levers, resulting in a simple classical design guaranteed to add elegance to any bathroom.
As one of the fastest growing suppliers of taps, showers, heated towel rails and accessories in the UK, the key to our success is simple: Hudson Reed offers the latest designs at affordable prices without compromising on quality.
As the manufacturer, Hudson Reed provide a distinct advantage, the ability to offer co-ordinating taps, showers, heated towel rails and accessories. Co-ordination is paramount to the popularity of the Hudson Reed brand by ensuring the perfect finishing touch to any bathroom and kitchen.
The growth of the Hudson Reed brand over the past 25 years has seen the Company expand from a small operation in a former air-raid shelter to premises boasting a state-of-the-art distribution centre, employing over 100 people.
Exceptional quality is one of the key factors contributing to the success of Hudson Reed. Hudson Reed offer a 10 year guarantee, unless otherwise stated, against manufacturing defects on all products when used in normal domestic applications (excluding serviceable parts, neglect or abuse). Additionally, we guarantee surface finishing for 10 years on Chrome, unless otherwise stated.
Over two decades of manufacturing experience has provided Hudson Reed with extensive market knowledge and the ability to offer the most popular styles at affordable prices.
Wednesday 2 July 2008
BATHROOMS SUPERSTORE - BATHROOM SUITES, BATHROOM FURNITURE, BATHS
BATHROOMS SUPERSTORE - BATHROOM SUITES, BATHROOM FURNITURE, BATHS
By John Mulligan
Friday March 21 2008
Arklow-based bathroom products firm Qualceram Shires could be valued at as much as €25m if a preliminary approach made towards the company leads to an offer.
Releasing disappointing preliminary results for 2007 yesterday, Qualceram said it had received the approach from a third-party and stressed that no offer might ultimately be made.
Three directors at the firm, including chief executive John O'Loughlin, who own almost 40pc of the company between them, are not involved in the approach, which is understood to have been made by an industry player from outside the country. One name touted yesterday was American Standard, a supplier of kitchen and bathroom accessories.
However, sources were at a loss to pinpoint a potential interested party, pointing out that Qualceram has evolved into much more of a distributor than manufacturer, and as such it was difficult to ascertain where the appeal in the company might be. The firm has already disposed of its Arklow site for over €30m.
Qualceram said yesterday 2007 revenues fell 12pc to €90m, while operating profit for the year slumped €3m to €1.1m. It said annualised cost savings introduced since the start of 2008, and accrued for in 2007, amount to €3m.
Mr O'Loughlin said that management is confident Qualceram can weather the downturn and emerge as a "stronger group, positioned for growth".
Qualceram has been hammered by the slump in residential construction in Ireland, where it generates about 45pc of its sales. Most of the remainder comes from the UK.
One analyst said while the downturn in Qualceram's sales in the Republic were to be expected, the extent of the poor second-half performance in the UK was less anticipated.
Mr O'Loughlin, sales and marketing director John Byrne, and production and technical director Thomas Byrne, each own almost 14pc of Qualceram.
They could be in line for a payment of up to €3.5m each if an offer was secured at €1.13 per share, although such a figure could be impacted by a writedown of intangible assets.
The stock closed the day yesterday at €1, up just over 2pc.
- John Mulligan
By John Mulligan
Friday March 21 2008
Arklow-based bathroom products firm Qualceram Shires could be valued at as much as €25m if a preliminary approach made towards the company leads to an offer.
Releasing disappointing preliminary results for 2007 yesterday, Qualceram said it had received the approach from a third-party and stressed that no offer might ultimately be made.
Three directors at the firm, including chief executive John O'Loughlin, who own almost 40pc of the company between them, are not involved in the approach, which is understood to have been made by an industry player from outside the country. One name touted yesterday was American Standard, a supplier of kitchen and bathroom accessories.
However, sources were at a loss to pinpoint a potential interested party, pointing out that Qualceram has evolved into much more of a distributor than manufacturer, and as such it was difficult to ascertain where the appeal in the company might be. The firm has already disposed of its Arklow site for over €30m.
Qualceram said yesterday 2007 revenues fell 12pc to €90m, while operating profit for the year slumped €3m to €1.1m. It said annualised cost savings introduced since the start of 2008, and accrued for in 2007, amount to €3m.
Mr O'Loughlin said that management is confident Qualceram can weather the downturn and emerge as a "stronger group, positioned for growth".
Qualceram has been hammered by the slump in residential construction in Ireland, where it generates about 45pc of its sales. Most of the remainder comes from the UK.
One analyst said while the downturn in Qualceram's sales in the Republic were to be expected, the extent of the poor second-half performance in the UK was less anticipated.
Mr O'Loughlin, sales and marketing director John Byrne, and production and technical director Thomas Byrne, each own almost 14pc of Qualceram.
They could be in line for a payment of up to €3.5m each if an offer was secured at €1.13 per share, although such a figure could be impacted by a writedown of intangible assets.
The stock closed the day yesterday at €1, up just over 2pc.
- John Mulligan
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