Silva Timber file for administration

[Tosh]

Just seen this announcement https://www.silvatimber.co.uk/silva-timber-investment-opportunity/. Shame, hope they find a way through.

[gavztheouch]

That’s a shame I was following Along with their website to check cladding prices and they were one of the few to drop prices as the market fell. I fear this may be the start of a lot of failures. Cladding prices doubled during covid and have not reversed