Hartlepool Business Employing Eight Members of Staff Placed into Liquidation.....

Stadium Consumer Products Hartlepool

The Business trading from an address at Tofts Farm Industrial Estate is now set to be formally wound up in a Creditors Voluntary Liquidation....

5th November 2025

A Hartlepool Business which employed eight members of staff has been placed into voluntary liquidation owing its creditors an undisclosed sum.

Stadium Consumer Products Ltd, trading from an address at Tofts Farm Industrial Estate Hartlepool, has now placed itself into Liquidation according to reports seen by the Teesside & Durham Post, with insolvency specialists Begbies Traynor appointed on 30 October 2025 to manage the firms financial affairs.  The business, established back in 2001 reportedly traded in furniture, household goods and other hardware...

While the announcement may come as a shock to many in the local business community, a close look at the firm’s accounts by one of our financial experts paints a picture of gradual decline rather than sudden collapse.

A Company in Slow Decline

Unaudited financial statements for the year ending 31 December 2023 (the firms most latest published accounts) initially give the impression of a business still holding its head above water, with the Business reporting £298,623 in net assets, £455,992 in working capital & £684,927 in current assets (including £446k worth of stock), with Bank loans totalling £289,978, secured on company assets

At that point, its claimed the company was technically solvent. But beneath the surface, our financial expert said the warning signs of its impending demise were already there, with it being reported that the businesses Net assets had fallen by almost £88,000 in the space of just 12 months. Stock levels had dropped by nearly £188,000, with the amount of Cash the business had falling, despite no major investments & Staff numbers reduced considerably from 11 to just 8..The combination points to a business clearly struggling to trade profitably, selling off its inventory to stay afloat, and cutting staff headcounts in a bid to control its ever spiraling costs.

The Final Chapter

The liquidation announcement confirms what those figures had hinted at: the business clearly entered the 2024 and 2025 financial year with mounting financial pressures, and by autumn 2025 the directors could no longer realistically assure its creditors would be paid.

A Creditors’ Voluntary Liquidation is not forced by a court — instead it's initiated by the company when directors decide the business cannot continue to viably trade without worsening its financial losses.

Who Gets Paid — and Who Doesn’t?

Its been reported that because the bank held security over most of the company’s assets, it's likely to be first in line for repayment from the business being liquidated. Employees are next for any statutory payments such as redundancy..

After that, trade suppliers and other unsecured creditors will receive whatever is left — often only pennies in the pound in such cases.

Given the steep fall in stock value and the loan obligations, many local suppliers may end up absorbing the firms losses, however an official statement of affairs for the business has yet to be published by those tasked with liquidating the business.

Another Blow for an already embattled Hartlepool Industry

The liquidation of the long established Hartlepool Business is one more reminder of the pressures facing local businesses in and around Teesside & County Durham, with Rising import and logistics costs, Falling household spending, Tightening credit conditions & Increasing Competition from national chains and online platforms..

While some may chalk this up as “just another business closure”, business leaders in Hartlepool may be beginning to worry that little bit more over further businesses potentially set to fold in the coming weeks, as the signs of the regions economy starting to falter become ever more pronounced.

As a business, Stadium Consumer Products survived for more than 20 years. Its fall however, is likely to be a stark reminder that the cost-of-living crisis, tightening credit markets, and a weakening retail sector are still playing havoc with the British economy — and places like Hartlepool are left often feeling the impact the worst.