Family will clean up when Victorian Plumbing floats - News Summed Up

Family will clean up when Victorian Plumbing floats


Mark Radcliffe will be sitting on a paper fortune of between £562 million and £740 million when Victorian Plumbing lists on the London Stock ExchangeAn entrepreneur from Merseyside, who started his working life collecting eggs from battery hens, is to be propelled into Britain’s rich list after a stock market listing that is expected to value his online bathroom business between £800 million and £1 billion. Mark Radcliffe, 42, started Victorian Plumbing from his parents’ garden shed in 2000 after setting up a website for his father who restored Victorian bathrooms as a hobby. Radcliffe continues to own 74 per cent of the Formby-based company, while his brother Neil, who works as product director, owns a 14 per cent stake and his mother has a 4 per cent holding. SponsoredThis means that Radcliffe will be sitting on a paper fortune of between £562 million and £740 million, potentially more


Source: The Times June 01, 2021 16:01 UTC



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