352:
556:
299:
250:
29:
627:(PwC) were assigned to handle the affairs of Maplin Electronics closure from 28 February. On 10 March 2018, a video announcement was made to staff members via the internal social media platform "Fuse", informing them that PwC had failed to locate a buyer for some or all of the business and would begin the store closure programme, which was expected to take around three months to conclude.
531:– This was available for any product which was available online or in-store. Maplin would price match online prices, but that company must be based in the United Kingdom, and have a High Street store somewhere in the country. Maplin did not price match Online Only stores such as Amazon, eBay, or Gumtree.
571:
In the company's effort to remain part of the retail industry, it had invested £40 million to overhaul its e commerce platforms on its website and through smart phone apps, and to reach a medium term goal of three hundred retail stores throughout the United
Kingdom and Ireland before expanding abroad
650:
The brand of Maplin was acquired by a new company, Maplin Online Ltd., in June 2018. On 26 October 2018, this was publicly announced on
Twitter. On 30 January 2019, the Maplin website was relaunched, selling a range of electronics, CCTV and computing supplies. The company was renamed Digital First
456:
Maplin discontinued the processing of orders outside of the United
Kingdom and Ireland in January 2010. Later in 2010, Montagu said they were evaluating their options with Maplin, because the value of their investment has been realised. It was envisaged that when the market conditions were right,
515:
The
Horizon 2015 project established some medium term goals, such as a complete overhaul of the existing stores, widening the product range, and establishing a clear message to the consumer. Its success in stopping the decline and stabilising profitability helps secure its acquisition by Rutland
211:
and all stores permanently ceased trading in June that year. The brand of Maplin was acquired by a new company, Maplin Online Ltd., on 31 May 2019, later renamed
Digital-First Retail Limited, still trading as Maplin. The new company sells similar products to Maplin Electronics Limited, using the
489:
In March 2014, Montagu
Private Equity put Maplin up for sale with an expected return of between £100 million and £200 million. On 27 June 2014, Rutland Partners announced they were acquiring Maplin from Montagu for £85 million. Rutland typically focuses on restructuring opportunities, "special
641:
On 30 April 2018, Maplin closed their website. On 12 May 2018, operations in the centre at
Brookfields were shut down after pushing all remaining stock reserves out to stores. By 25 June 2018, all official Maplin stores across the United Kingdom had closed their doors, with the Maplin company
240:
The trio placed an advertisement in an electronics magazine, after printing the company's first twenty eight page catalogue, which would be offered free to callers. Despite a slow start and dwindling profit in the first year, the company began to gain a reputation for first grade electronic
396:
The office was in charge of product sourcing, purchasing, inspecting, shipping and payment arrangement from Taiwan and was known as the Far East
Operations Centre. The Hong Kong Office followed in 1995 to handle the sourcing, purchasing and shipping from Hong Kong.
497:
and App based technology. In
January 2018, Graham Harris was appointed new CEO replacing Oliver Meakin. It was reported in February 2018 that the company was seeking a buyer, and attempted to enter into a "pre pack" administration deal as part of a sale.
583:
Maplin sold a large selection of electrical and electronic equipment such as audio/visual devices, components, computer devices and peripherals, cables, television and satellite equipment, everyday electrical items such as batteries and light bulbs,
362:
In 1985, Maplin
Professional Supplies was created to serve the expanding business market with a catalogue of products selected specifically for professionals and the business market. In 1989, a new National Distribution Centre was opened at
328:
At the height of production of the home build kits Maplin's range was vast, with in house designed power amplifiers, radio kits, a weather station, and a full weather satellite receiving and display system and many others, as well as the
337:
ranges of kits. The catalogue, with its distinctive science fiction cover art by Rod Brown (in the style of Lionel Jeans), contained hundreds of application circuits and hundreds of thousands of copies were distributed each year.
419:
In December 1994, the private equity firm Saltire plc acquired Maplin Electronics from its founders, with the intention of merging its operations with another electronics distribution business in its portfolio, Altai.
444:
purchased 67% of Maplin from Graphite Capital at a cost of £244 million. In 2007, the company began to relocate its headquarters and distribution centre to a new facility at Brookfields Park, on the former
511:
Chief Executive Officer John Cleland took post of Maplin on 1 March 2013. Following this, he set out plans for the project of Horizon 2015, aiming to recover the historic decline in the business by 2015.
325:, created opportunities for Maplin. They produced home build project kits such as speech synthesisers, memory expansion cards, extension keyboards, cables, and connectors to plug into these computers.
1486:
411:
The major product categories included cables, power supplies, electronics components, kits and tools, communication equipment, computers, toys, automotive electronics, and consumer electronics.
630:
On 10 March 2018, PwC brought in insolvency and closure firm Hilco to manage the day to day affairs of the business, and to close the distribution centre, and both head offices at Brookfields,
575:
In 2013, Maplin planned to open travel stores in airports and railway stations, where it would offer a tailored product selection, such as travel adaptors, batteries, and laptop chargers.
212:
Maplin website, branding and trading name. No physical Maplin shops have been opened, and the legal obligations of Maplin Electronics Limited, such as warranty support, were not assumed.
374:
By 1994, Maplin had a turnover of more than £29 million a year, and it was clear more help was needed to organise the business. In December 1994, Maplin was acquired by Saltire PLC.
233:
Maplin Electronic Supplies was established in 1972 as a mail order business by Roger Allen, Sandra Allen and Doug Simmons. The company started in a bedroom at the Allens' home in
651:
Retail Ltd.—still trading as Maplin—on 31 May 2019. No physical Maplin shops were opened, and obligations of Maplin Electronics Ltd., such as warranty support, were not assumed.
221:
1491:
200:
of electronic goods in the United Kingdom and Ireland launched in 2019, using the brand of the former company Maplin Electronics Limited, which operated from 1972 to 2018.
393:
Maplin Far East Operations was first established in 1992 when Maplin Electronics set up its first Far Eastern branch office in Taipei, Taiwan to strengthen buying power.
381:
headquarters also closed in 2000, and all operations were moved to Wombwell. In June 2001, the company changed hands again, this time with a management buyout backed by
287:
Maplin had already started designing electronic kits for hobbyists and musicians, with several synthesiser and organ projects being published in the first magazine,
1061:
1162:
1239:
609:
In November 2017, under the leadership of the new CEO Oliver Meakin, (appointed in September 2016) Maplin partnered with high street tech repair company,
899:
408:
under the Hong Kong Office in 2004. The three offices in the Far East handled more than 500 suppliers and 5,000 buying items for the parent company.
265:
and the mail order department moved into the rooms above the shop. Sales received a boost when Maplin was invited to take prime advertising space in
1481:
770:
1496:
1132:
606:(SKU) in the next three years, in some cases we will work on fulfilling orders by delivering straight from the manufacturer to the customer".
237:, after the two electronics enthusiasts were disappointed by the complexity and poor availability of existing electronic component suppliers.
1476:
1211:
793:
1010:
693:
1516:
1501:
1102:
602:
In November 2012, former Maplin CEO John Cleland stated, "We want to double the range of products we sell online from 15,000 to 30,000
812:
COLLAPSED electronics retailer Maplin will shut the last of its 219 stores by July, according to sources familiar with the situation.
490:
situation" investments. £5m of the capital was provided by Beringea from funds provided by Proven and Proven Growth and Income VCTs.
1328:
1511:
1297:
952:
1506:
825:
931:
208:
982:
844:
The Maplin store at the Wyvern Retail Park is set to close after the firm went into administration earlier this year.
621:
Maplin announced on 28 February 2018 it had entered administration, after failing to find a buyer for the business.
207:
service, online and by telephone; in June 2017, there were 217 Maplin stores. On 28 February 2018, Maplin went into
1044:
1521:
276:
by the end of the year. The mail order side of the business had outgrown the space available above the store in
313:
The concurrent boom in home computer ownership in the beginning of the 1980s, spawned by manufacturers such as
1264:
884:
909:
377:
In 1999, Maplin launched its own website, and the following year, sales from the site hit UK £1million. The
351:
668:
269:
electronics magazines after the latter received complaints against some of their existing advertisers.
572:
in 2015. The company was also looking to find vacant store outlets in key cities in which to expand.
469:
At the end of 2012, Maplin announced it was officially out of debt from its creditor Montagu Equity.
1140:
524:
Maplin introduced three service guarantees in an attempt to improve its customer service interface:
555:
303:
759:
318:
295:
was launched and initially published every quarter, then monthly as more projects were designed.
106:
51:
1020:
701:
624:
599:
The target market ranged from the general consumer to the more technical electronics hobbyist.
481:, allowing them to offer a far greater range of stock for sale online than available in-store.
441:
298:
458:
446:
159:
1110:
1421:
593:
8:
1066:
589:
1440:
1417:
603:
1390:
1336:
1305:
904:
155:
960:
1015:
429:
382:
277:
262:
1048:
1042:
Montagu Private Equity announces UK£244 million acquisition of Maplin Electronics
900:"Addleshaw Goddard Advises Management on £244 Million Sale of Maplin Electronics"
830:
765:
494:
378:
368:
281:
234:
131:
61:
935:
638:
as well as making all staff redundant, some with as little as one day's notice.
493:
In September 2015, Oliver Meakin was appointed as CEO, setting new strategy for
1361:
1188:
723:
401:
314:
254:
249:
1470:
1340:
798:
478:
371:, and four years later a Far Eastern headquarters was established in Taiwan.
241:
components delivered exactly as shown in the catalogue by first class post.
885:
https://www.worldradiohistory.com/UK/Mapelin/Maplin-Maplin-Catalog-1979.pdf
585:
28:
1216:
987:
635:
291:, and subsequently made available as kits. After the second store opened
273:
143:
1041:
516:
Partners in June 2014, investing in the next stage of the plan to 2020.
203:
The original Maplin company operated many retail shops and an extensive
564:
560:
204:
163:
147:
37:
540:– Returns were handled primarily in stores instead of being sent away.
631:
450:
356:
266:
220:
151:
1441:"All systems are go! Head over to our new website to check it out!"
1272:
405:
364:
334:
330:
197:
1425:
1240:"Analysis: Maplin plots store growth as part of renewal strategy"
307:
1487:
Companies that have entered administration in the United Kingdom
610:
64:
1133:"Beringea Invests £5 million in Electronic Specialist Maplin"
322:
178:
1459:
859:
596:, portable televisions and satellite navigation equipment.
284:
was purchased and established as Maplin's first warehouse.
167:
1329:"iSmash ramps up expansion plans with Maplin partnership"
826:"Is The Concept Of The Out-Of-Town Retail Park Now Dead?"
400:
As most production in Taiwan and Hong Kong had moved to
1103:"Investment in Maplin Electronics By Rutland Partners"
546:– No delivery charge when purchasing within the store.
1492:
Consumer electronics retailers of the United Kingdom
1418:"Guess who's back? Bringing you the latest in Tech!"
613:, to add smartphone repair centres to three stores.
404:, the company registered a representative office in
894:
892:
22:
Digital-First Retail Limited T/A Maplin Electronics
1292:
1290:
758:
484:
432:led the £41 million management buy out of Maplin.
423:
794:"Maplin Will Shut Last Of Its 219 Stores By July"
567:, a few days before the scheduled opening in 2013
506:
1468:
1088:
1086:
1084:
889:
817:
785:
751:
645:
453:, two miles from the old warehouse in Wombwell.
1287:
1062:"Maplin Electronics may change hands for £400m"
947:
945:
760:"UK High Street Braces For More Store Closures"
1081:
942:
1212:"John Cleland named Maplin chief executive"
1163:"Electronics retailer Maplin sold for £85m"
854:
852:
1059:
346:
27:
1209:
435:
414:
1326:
849:
554:
350:
297:
248:
219:
111:From 2018: High Wycombe, Buckinghamshire
1482:Retail companies disestablished in 2018
1385:
1383:
1362:"Maplin collapses as rescue talks fail"
1189:"Maplin in talks with potential buyers"
823:
724:"Maplin collapses as rescue talks fail"
1497:Online retailers of the United Kingdom
1469:
1438:
1415:
1237:
1210:MacDonald, George (24 February 2012).
388:
355:Maplin store in Westgate Retail Park,
1265:"Maplin - The Electronics Specialist"
773:from the original on 11 December 2022
559:A store at One Stop Shopping Centre,
519:
1477:Retail companies established in 1972
1380:
1060:Harrington, Ben (3 September 2010).
472:
1327:Torrance, Jack (21 November 2017).
1139:. 22 September 2014. Archived from
13:
934:. Graphite Capital. Archived from
791:
550:
14:
1533:
1517:2018 disestablishments in England
1502:Electronic component distributors
1451:
293:Electronics – the Maplin Magazine
196:is the trading name of an online
578:
477:In June 2013, Maplin introduced
1432:
1409:
1354:
1320:
1257:
1238:Bearne, Suzanne (5 July 2013).
1231:
1203:
1181:
1155:
1125:
1095:
1053:
1035:
1003:
975:
924:
501:
485:Acquisition by Rutland Partners
424:Acquisition by Graphite Capital
244:
1512:1972 establishments in England
1109:. 27 June 2014. Archived from
878:
824:Johnson, Robin (22 May 2018).
742:
716:
686:
661:
507:Horizon Project (2013 to 2015)
280:, and an ex dairy building in
224:Former Maplin Electronics logo
134:(Chairman) Graham Harris (CEO)
1:
983:"Saltire Turnover, Profit Up"
654:
289:Electronics & Music Maker
1507:Companies based in Rotherham
1443:(Tweet) – via Twitter.
1191:. BBC News. 20 February 2018
669:"Maplin Electronics Limited"
464:
341:
16:British electronics retailer
7:
1416:Maplin (26 October 2018).
748:Internal Memo through Fuse.
228:
10:
1538:
1406:Updated from time to time.
616:
457:Maplin would float on the
261:The first store opened in
215:
121:United Kingdom and Ireland
792:Ho, Geoff (20 May 2018).
272:A second store opened in
173:
139:
125:
115:
101:
88:
70:
57:
47:
35:
26:
1439:Maplin (1 March 2019).
592:. The company also sold
347:Move to South Yorkshire
319:Commodore International
257:using the previous logo
52:Private limited company
1522:Corporate liquidations
908:. 2015. Archived from
625:PricewaterhouseCoopers
568:
442:Montagu Private Equity
436:Acquisition by Montagu
415:Acquisition by Saltire
359:
310:
258:
225:
634:and Churchill House,
558:
459:London Stock Exchange
447:Manvers Main Colliery
354:
301:
252:
223:
1143:on 24 September 2015
1113:on 24 September 2015
1047:14 July 2011 at the
1023:on 24 September 2015
932:"Maplin Electronics"
860:"Maplin new website"
802:. Express Newspapers
1391:"Maplin Online Ltd"
1275:on 22 November 2013
1167:The Daily Telegraph
1067:The Daily Telegraph
938:on 1 November 2006.
704:on 20 November 2010
646:New "Maplin Online"
604:stock keeping units
590:solar energy panels
535:365 day 'No Quibble
440:In September 2004,
389:Far East Operations
23:
1368:. 28 February 2018
730:. 28 February 2018
569:
520:Service guarantees
360:
311:
259:
226:
194:Maplin Electronics
92:(1976) Roger Allen
21:
905:Addleshaw Goddard
866:. 30 January 2019
479:drop ship vending
473:Drop ship vending
191:
190:
1529:
1463:
1462:
1460:Official website
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1373:
1358:
1352:
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1347:
1324:
1318:
1317:
1315:
1313:
1304:. Archived from
1294:
1285:
1284:
1282:
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1271:. Archived from
1261:
1255:
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1235:
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1107:Rutland Partners
1099:
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1090:
1079:
1078:
1076:
1074:
1057:
1051:
1039:
1033:
1032:
1030:
1028:
1019:. Archived from
1016:Graphite Capital
1007:
1001:
1000:
998:
996:
979:
973:
972:
970:
968:
963:on 8 August 2016
959:. Archived from
949:
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762:
755:
749:
746:
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739:
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735:
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714:
713:
711:
709:
700:. Archived from
690:
684:
683:
681:
679:
665:
538:
430:Graphite Capital
383:Graphite Capital
302:Maplin store in
278:Westcliff-on-Sea
263:Westcliff-on-Sea
253:Maplin store in
187:
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182:
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109:, United Kingdom
83:
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1116:
1114:
1101:
1100:
1096:
1091:
1082:
1072:
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1058:
1054:
1049:Wayback Machine
1040:
1036:
1026:
1024:
1009:
1008:
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991:. 16 April 1996
981:
980:
976:
966:
964:
951:
950:
943:
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929:
925:
915:
913:
912:on 3 March 2016
898:
897:
890:
883:
879:
869:
867:
858:
857:
850:
837:
835:
831:Derby Telegraph
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805:
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790:
786:
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774:
769:. 20 May 2018.
766:Financial Times
757:
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692:
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648:
619:
581:
553:
551:Store expansion
536:
522:
509:
504:
495:home automation
487:
475:
467:
438:
426:
417:
391:
379:Southend-on-Sea
369:South Yorkshire
349:
344:
304:Gloucester Road
247:
235:Rayleigh, Essex
231:
218:
177:
166:
162:
158:
154:
150:
146:
135:
132:Darren Shapland
128:
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40:
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5:
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1489:
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1479:
1465:
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1453:
1452:External links
1450:
1447:
1446:
1431:
1424:) – via
1408:
1379:
1353:
1319:
1308:on 31 May 2015
1286:
1256:
1230:
1202:
1180:
1169:. 27 June 2014
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586:power adaptors
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428:In June 2001,
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255:Stoke on Trent
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1333:The Telegraph
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1299:
1298:"Help Centre"
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1104:
1098:
1092:Internal Memo
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1038:
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953:"Help Centre"
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834:. Local World
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799:Daily Express
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694:"Help Centre"
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579:Product range
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