TJ Books, located in Padstow, has a heritage dating back over 50 years, establishing an impressive reputation as a world-class book manufacturer.
Jimmy Saunders of KR8 Advisory was appointed as Administrator of TJ Books on February 21 2025. Following a successful marketing process, KR8 sold the business and assets of the company to Clays Group, securing the future of the business and 132 jobs.
This business, like many others, faced headwinds caused by general economic uncertainty, compounded by an unsuccessful expansion plan following the company's acquisition of a competitor.
Jimmy Saunders, Managing Director at KR8 Advisory, commented: