Victorian Plumbing
| Victorian Plumbing Limited | |
|---|---|
 | |
| LSE: VIC | |
| Industry | |
| Founded | 2000  |
| Founder | Mark Radcliffe |
| Headquarters | Leyland, Lancashire, |
| Key people | Philip Bowcock (chair) Mark Radcliffe (CEO) |
| Brands | MFI Do It All (defunct) Focus DIY (defunct) Land of Leather (defunct) Payless DIY (defunct) Tile Giant (defunct) VictoriaPlum.com (defunct) |
| Revenue |  £295.7 million (2024)[1] |
 £11.2 million (2024)[1] | |
| £5.5 million (2024)[1] | |
| Website | |
Victorian Plumbing Limited is a British online bathroom and kitchen retailer, founded in September 2000. The retailer also owns MFI.
In June 2021, it was listed on the London Stock Exchange's Alternative Investment Market (AIM).[2]
History
[edit]The company was founded by Mark Radcliffe from his parents' shed in Merseyside in September 2000.[3]
In November 2016, the High Court of Justice ordered the company to pay £1.75 million to its online competitor, Victoria Plum, in a trademark dispute involving online advertising.[4] Victoria Plum was a completely separate business founded in March 2001.
On 22 June 2021, the company floated on the Alternative Investment Market[3] with a market capitalisation of £850 million.[2] Its founder divested £212 million worth of shares, reducing his share to 46%.[5] Radcliffe's brother and mother owned a 20% stake between them.[6] At this time, the company employed approximately 540 people across its headquarters in Leyland and Skelmersdale, Lancashire, and its premises in Birmingham.[6]
In May 2024, Victorian Plumbing acquired its online competitor Victoria Plum for £22.5 million, just over six months after Victoria Plum's pre-pack administration sale.[7] The company closed the Victoria Plum website in October 2024.[8]
In May 2025, it was announced that Victorian Plumbing would relaunch MFI, as the brand was included in its purchase of Victoria Plum.[9]
Sponsorship
[edit]On 6 June 2023, the company announced that it would become the principal shirt sponsor of EFL League One team Bolton Wanderers.[10]
In 2024, Victorian Plumbing announced its involvement in snooker through a partnership with the World Snooker Tour. It also became the title sponsor of the UK Championship, one of the snooker's Triple Crown event.[11]
In December 2025, The Bolton Wanderers deal was extended, ensuring Victorian Plumbing would continue to be Bolton's shirt sponsor until the end of the 2028–29 season.[12]
References
[edit]- 1 2 3 "Annual Results 2024" (PDF). Victorian Plumbing. Retrieved 21 July 2025.
- 1 2 Eley, Johnathan (2021-06-22). "Victorian Plumbing IPO marks biggest debut on London's junior market". Financial Times. Retrieved 2021-09-29.
- 1 2 Nicholson, Abigail (2021-06-23). "Scouser's bathroom business he started in parents' shed now worth £1bn". Liverpool Echo. Retrieved 2021-09-29.
- ↑ "Victoria Plum receives £1.75m from rival over trademark battle". KBB Review. 17 December 2018. Retrieved 21 July 2025.
- ↑ Morgan, Francesca (2021-06-23). "Victorian Plumbing makes history as biggest ever float on AIM". Vox Markets. Retrieved 2021-09-29.
- 1 2 Armstrong, Ashley (2021-06-02). "The Victorian Plumbing pipe dream that turned into £1bn". The Times. Retrieved 2021-09-29.
- ↑ "Victorian Plumbing buys Victoria Plum in £22.5m deal". BBC News. 2024-05-20. Retrieved 2024-05-20.
- ↑ Wright, Georgia (2024-10-15). "Victorian Plumbing to shut rival Victoria Plum following £2m loss - Retail Gazette". Retrieved 2025-05-15.
- ↑ Morgan, Aoife (2025-05-15). "MFI to make high street comeback after almost two decades - Retail Gazette". Retrieved 2025-05-15.
- ↑ "Victorian Plumbing Become New Principal Partner". Bolton Wanderers FC. 6 June 2023. Retrieved 21 July 2025.
- ↑ Tour, World Snooker (2025-10-28). "Victorian Plumbing Returns As Title Partner Of Snooker's UK Championship". World Snooker Tour. Retrieved 2025-11-06.
- ↑ "Victorian Plumbing Commits Its Future to Bolton Wanderers with New Deal | Bolton Wanderers FC". www.bwfc.co.uk. Retrieved 2026-03-03.
