��Ƶ

Retail & Consumer

Victorian Plumbing's billionaire founder Mark Radcliffe invests further six-figure sum

The chief executive's move comes after he also increased his holdings towards the end of 2021

Bookmark
Share
Comments

Retail & Consumer

By

Jon RobinsonNorth West Business Editor

13:22, 5 APR 2022
Updated15:42, 5 APR 2022

Mark Radcliffe, CEO of Victorian Plumbing

The billionaire founder of online bathroom retailer Victorian Plumbing has invested a further six-figure sum in the business.

Mark Radcliffe, who is already the largest shareholder in the Merseyside-headquartered firm, has upped his stake to 46.78% after purchasing 700,000 ordinary shares for a total of £354,200.

The chief executive's move comes after he also increased his holdings towards the end of 2021.

READ MORE: Click here to sign up to the BusinessLive North West newsletter

Mr Radcliffe is by the biggest single shareholder in the company, with Neil Radcliffe second with a stake of 9.1%.

Other mayor shareholders include Kayne Anderson Rudnick, JPMorgan Asset Management and Paradice Investment Management.

Mr Radcliffe started Victorian Plumbing from his parents’ shed in 2000.

He was the ��Ƶ’s first eBay millionaire at 30 after founding First2save, a mobile phone accessories business.

The company completed the largest ever IPO on the London Stock Exchange's Alternative Investment Market in June 2021.

Story Saved

You can find this story in My Bookmarks.Or by navigating to the user icon in the top right.

By City AM Brent Cross shopping centre in London taken over in £200m deal The deal will see Hammerson raise its stake in the shopping centre to over 90 per cent

British pub chain Marston's swings back into the black amid demand spike

The pub chain, which swung to a half-year profit, said trading has been "strong" across its managed and franchised estate amid higher demand

Pizza Hut firm owed staggering amount before being rescued

The company behind Pizza Hut's restaurants in the ��Ƶ was rescued from collapse in January, but a new document has revealed the amount it owed before the deal

Giffords Circus founder returns to lead business in 25th year

The traditional travelling circus is currently touring the south of England with its Laguna Bay tour

Burberry shares surge as US-China tariff deal boosts luxury market

The luxury giant's share price rose more than six per cent in early trades. It has risen nearly 20 per cent in the last month

Food and Drink Couple invest £50k to open tiny pub in front room of their house Hazel and Andrew Smith spent six months converting the space into a taproom that can host 20 people

On The Beach boasts hike in profit as holidaymakers flock to book trips

The Manchester-based business has benefited from a tie-up with Ryanair amid booming demand for European holidays.

British pub chain Marston's swings back into the black amid demand spike

The pub chain, which swung to a half-year profit, said trading has been "strong" across its managed and franchised estate amid higher demand

Giffords Circus founder returns to lead business in 25th year

The traditional travelling circus is currently touring the south of England with its Laguna Bay tour

Brent Cross shopping centre in London taken over in £200m deal

The deal will see Hammerson raise its stake in the shopping centre to over 90 per cent

Deals North East deals of the week: key contracts, acquisitions and investments Companies featured in this week's round-up include Karbon Homes, Ceto, Black & White Engineering, Ryder Architecture, Tilly, Bailey & Irvine and AESC

Midgard wins brief to build 46-storey apartment complex

Contractor is expecting to break ground on new apartment scheme in Birmingham city centre in the coming months

FCA to 'put the public back in IPO' after brutal few years for London Stock Exchange

The Financial Conduct Authority has told industry stakeholders at the London Stock Exchange's annual IPO Forum that it would "put the P back into IPO," sources attending the event told City AM

Big rise in Transport for Wales services on new trains

This month the number of services running on its Wales and Borders network will be at 70%

Hinkley Point C cranes reported over safety failings

The ��Ƶ's nuclear watchdog has served the Somerset plant's main contractor with an improvement notice

Food and Drink Couple invest £50k to open tiny pub in front room of their house Hazel and Andrew Smith spent six months converting the space into a taproom that can host 20 people

Barclays share price surges to near decade high after upgrade

The lender has gained over 17 per cent since the beginning of 2025 and 46 per cent over the last 12 months.

Scottish Widows abandons pension funds agreement, setting up separate investment fund

The original pact saw 11 pension funds agree to invest five per cent of their assets in private markets.

Nissan to shut seven factories and axe 20,000 jobs as losses top £3.4bn

The Japanese car giant has endured a tough few years, with a number of financial losses prompting major restructuring plans

Major Falmouth Docks investment aims to boost local economy and create jobs

The Falmouth Docks and Engineering Company has filed a planning application to transform the town's docks

Major ��Ƶ heritage and belonging project awarded £1.25m from National Lottery

Black Communities

The 'UnMuseum' project will work with Black-led organisations across the region to deliver events, commission cultural works and create spaces of learning

Call for ‘new industrial strategy’ to help North and Midlands firms grow exports and close gap with London

Airports group MAG and the Growing Together Alliance launch ��Ƶ Trade Barometer

Offshore wind tech firm collapses with loss of jobs in Bristol and Scotland

Insolvency and Administration

Just last year the company announced plans to hire 200 staff globally and open more offices in Europe and Asia

Home Bargains owner's property push continues with 200-home development plan near £100m station

The proposals would see a 13-storey residential-led mixed use scheme developed in Liverpool's Baltic Triangle

'How I created a successful business in two years with minimal investment'

Toluwa Oyeleye set up her behavioural change consultancy in 2023 to help workplaces empower staff

Mayor of London's Oxford Street plan must include 'vital' new feature, ��Ƶ business leaders say

Sadiq Khan has been told that his plan to pedestrianise Oxford Street must include a key new feature, which is vital to the success of his plan, according to business leaders

The impact on Welsh farmers from trade deals with the US and India

NFU Cymru deputy president Abi Reader dissects the two trade deals the ��Ƶ has struck

Interest rate reduction by Bank of England set to decrease mortgage costs, analysts predict

The Bank of England's decision to cut interest rates is set to encourage major banks to cut mortgages, analysts have predicted

Boss of restaurant chain Steak of the Art on future of Bristol site

Steve Bowen spoke exclusively to Business Live about fighting to keep his Bristol restaurant open for business

David Beckham and Gary Neville target Premier League after joining Salford City ownership group

Economic Development

Former England captain inspired by Ryan Reynolds and Rob McElhenney's work at Wrexham

��Ƶ-US trade deal provides 'much-needed certainty' - West Midlands business leaders react

The news that import tariffs on vehicles going into the US have been dropped to ten per cent has been seen as a major boost to the West Midlands manufacturing sector

Business leaders hail ��Ƶ-US deal – but say more details needed after months of 'turmoil'

Interest rate cut also welcomed