{"id":378355,"date":"2026-01-19T12:02:12","date_gmt":"2026-01-19T12:02:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/378355\/"},"modified":"2026-01-19T12:02:12","modified_gmt":"2026-01-19T12:02:12","slug":"heartbreak-as-high-street-jewellery-chain-with-28m-turnover-plunges-into-administratio-uk-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/378355\/","title":{"rendered":"Heartbreak as high street jewellery chain with \u2018\u00a328m turnover\u2019 plunges into administratio | UK | News"},"content":{"rendered":"

A high street jewellery chain with a \u00a328million turnover has plunged into administration, triggering dozens of redundancies. C.W. Sellors, described as the UK\u2019s “leading independent jewellers”, appointed joint administrators<\/a> Lee Causer and Benjamin Peterson on January 13.<\/p>\n

Mr Causer confirmed that 36 members of staff were made redundant<\/a>, and administrators are searching for a buyer after the business struggled with “rising overheads” and reduced demand for its luxury products. C.W. Sellors described itself as the UK\u2019s “leading independent family-run jewellers” after launching in Derbyshire in 1979, before opening ten stores in the north and the Midlands.<\/p>\n

A notice on its website states that the 47-year-old business “continues to trade” but it will not be accepting any\u00a0online orders.<\/a><\/p>\n

Customers can only place an order in one of four stores in Ashbourne, Bakewell, Shrewsbury or Matlock, and sister branches under the W Hamond fascia in York and Whitby.<\/p>\n

Administrators will reportedly consolidate all Whitby<\/a> sites into one store, W Hamond, resulting in four closures, while other sites will continue to trade as normal.<\/p>\n

Lee Causer said: \u201cThe business has been experiencing challenging trading conditions, with rising overheads and lower demand for its high-end products.<\/p>\n

\u201cRegrettably, 36 people have been made redundant with immediate effect. The company\u2019s remaining 50 employees will be retained for a period to assist the Administrators to trade the business whilst a buyer is sought,” reports\u00a0East Midlands Business Link.<\/a><\/p>\n

The notice confirmed all “affairs, business and property” of the companies are being managed by the administrators, who act as agents without personal liability.<\/p>\n

It added: “We appreciate your understanding and continued support during this time.” The same statements appears on the home page of Jura Watches, an online-only business run by C.W. Sellors.<\/p>\n

C.W. Sellors said it expanded to become the UK\u2019s “leading independent family-run jewellers” after launching in Ashbourne, selling luxury jewellery<\/a> from global brands and collections crafted in its workshops.<\/p>\n

The jeweller’s most recent accounts on Companies House showed a turnover of \u00a328million in the year to April 2024, compared to \u00a330million the previous year. Its profits for 2024 were listed at \u00a32.1million.<\/p>\n","protected":false},"excerpt":{"rendered":"A high street jewellery chain with a \u00a328million turnover has plunged into administration, triggering dozens of redundancies. C.W.…\n","protected":false},"author":2,"featured_media":378356,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[13866,84,143858,59,1126,143859,143861,40680,1125,56,143860,54,55],"class_list":["post-378355","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-administration","tag-business","tag-c-w-sellors","tag-gb","tag-high-street","tag-high-street-jewellers","tag-luxury-jewellery","tag-redundancies","tag-store-closures","tag-uk","tag-uk-retail-industry","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/378355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=378355"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/378355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/378356"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=378355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=378355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=378355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}