Online retailer Building Supplies Online has ceased trading and has been placed under administration.

The company was founded in 2010 and began as an online aggregates business before slowly expanded its product range according to demand. In 2017, Cairngorm Capital, which is also behind Independent Builders Merchant Group and National Timber Group, bought the business. 

David Shambrook, Partner at FRP Advisory and Joint Administrator, said: “Retail businesses are battling difficult economic conditions with inflation and supply chain issues putting real pressure on their ability to operate.

“Without the prospect of investment, Building Supplies Online was unable to continue trading and, regrettably, all employees have been made redundant. We will now be supporting employees with claims to the redundancy payments service while seeking to maximise returns to creditors.”