Osbornes Stationers goes into administration

Osbornes Stationers, Mealcheapen Street, Worcester Osbornes Stationers was established in 1832 and had 20 branches when it went into administration

A 200-year-old high street chain has gone into administration, putting 140 jobs at risk.

Staff at Osbornes Stationers, which is based in Birmingham and has 20 branches across the Midlands and South West, were told on Tuesday.

Restructuring firm FRP Advisory was appointed as administrator on Monday.

Directors at the stationers said the business had been suffering since the start of the economic downturn in 2008.

Steve Stokes, partner at FRP Advisory and joint administrator, said: "Despite the continuing support of a loyal customer base, anticipated cash flow problems have prompted the need for the directors to seek the protection of administration whilst the business is restructured and marketed for sale."

Osbornes was founded as a printing business in Birmingham city centre in 1832 by Edward Corn Osborne.

The company has seven stores in Birmingham, three in Warwickshire, three in Nottinghamshire, three in Leicestershire and single shops in Bristol, Tewkesbury, Worcester and Daventry.

More on This Story

The BBC is not responsible for the content of external Internet sites

More England stories

RSS

Features & Analysis

  • Cartoon of women chatting on the metroChat wagon

    The interesting things you hear in a women-only carriage


  • Replica of a cargo boxSpecial delivery

    The man who posted himself to the other side of the world


  • Music scoreFinal score Watch

    Goodbye to NYC's last classical sheet music shop


  • Former Secretary of State Hillary Rodham Clinton checks her Blackberry from a desk inside a C-17 military plane upon her departure from Malta, in the Mediterranean Sea, bound for Tripoli, Libya'Emailgate'

    Hillary gets a taste of scrutiny that lies ahead


Elsewhere on the BBC

  • Woman standingMysterious miracle

    It's extremely unusual and shouldn't give false hope, but what makes the body beat cancer on its own?

Programmes

  • A cyborg cockroachClick Watch

    The cyborg cockroach - why has a computer been attached to this insect’s nervous system?

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.