Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint provisional liquidators to Tots Bots Limited on 9 November 2023.
Based in Glasgow and founded over 20 years ago, Tots Bots is a manufacturer and online retailer of reusable nappies, swimwear nappies and related accessories. The Company also manufactures and sells a range of reusable period products, including pants and pads, under its ‘Nora’ brand.
In common with many other online retailers, the Company had recently experienced challenging trading conditions, including rising costs and fragile consumer confidence. This led to the Company experiencing pressure on cashflow. After working tirelessly to explore funding solutions and reviewing the available strategic options, the directors took the difficult decision to seek the appointment of the provisional liquidators.
The business ceased to trade immediately following the appointment of the provisional liquidators and as such, all of the Company’s 47 employees were made redundant.
Alistair McAlinden, head of Interpath Advisory in Scotland and joint provisional liquidator, said: “This award-winning family-owned business had blazed a trail for producing sustainable and environmentally friendly baby and period products, so it’s hugely disappointing that, despite the very best efforts of the directors, challenging trading conditions have meant that the Company is unable to continue to trade.
“Our immediate priority is to provide employees with the help and support they need to make claims from the Redundancy Payments Service. We have engaged with Skills Development Scotland’s Partnership Action for Continuing Employment team, in order that PACE support can be made available to employees too. We have commenced initial steps to realise the Company’s assets which include, amongst other things, stock, manufacturing equipment and intellectual property, including the brand and domain names. We would therefore ask any interested parties to contact us as soon as possible.”
Interested parties are advised to contact Sandy Walker at Interpath Advisory via [email protected].
