💨 Abstract

A family-owned firm in Coventry, Astleys, closed after 295 years, citing changing consumer habits post-COVID-19 and rising operational costs. The company, known for cleaning and janitorial products, was one of the oldest in the city. Directors David and Jonathan attributed the closure to pressures from suppliers favoring larger customers and the difficulty of competing in a crowded market. The shutdown was managed to ensure all staff and creditors were paid.

Courtesy: www.thesun.co.uk