UK jewellery company enters administration after 19 years

Roxoa, founded in 2007 and based in the UK, operates four online jewellery brands:

• QP Jewellers
• Gold Boutique
• Ruby & Oscar
• Bail & Stone

The online retailers specialise in gold, platinum, sterling silver, gemstones, and diamonds.

Each brand has built a strong reputation, with customers praising both the quality of the jewellery and the delivery experience.

UK jewellery company enters administration with 4 online brands at risk of shutting down

Despite positive customer feedback, Roxoa and its four online jewellery brands have fallen into administration after nearly 20 years in business.

Iain Nairn and Sean Williams from Leonard Curtis were appointed joint administrators on August 20, according to The Gazette.

All five websites – Roxoa, QP Jewellers, Gold Boutique, Ruby & Oscar, and Bail & Stone – are still operational (at the time of writing).

Roxoa has been contacted for comment.

Other UK companies that have closed or entered administration/liquidation in 2026

It has been a tough year for the UK high street, with several other retailers entering administration or liquidation and others announcing widespread store closures.

Major high street brands LK Bennett, Claire’s, and Quiz have been forced to close all their remaining stores after falling into administration.

UK fashion retailer Leading Labels is also set to close its remaining 15 stores after falling into liquidation.

Whitbread confirmed it will be closing all its UK restaurants in September:

TG Jones and the British Heart Foundation will also be closing around 150 stores each across the UK.

Other retailers have been forced to close stores this year, including:

The company responsible for iconic British bikemaker Raleigh, Accell Group, has also collapsed into administration, putting the 139-year-old British bikemaker at risk of closing.

Several UK travel companies have ceased trading or entered administration in 2026:

Meanwhile, four UK airlines have fallen into administration or liquidation:

UK delivery company Yodel is set to be phased out after being acquired by InPost.

It’s also been reported that Morrisons is looking to sell some of its in-store pharmacies as it continues to cut costs.

It hasn’t all been bad news for the UK high street, with several major brands announcing new store openings for 2026, including Aldi, M&S, and Superdrug.

Meanwhile, brands including Evans and Bodycare have returned to the UK high street this year after previously closing all their stores.

Which business/store closure in 2026 has impacted you the most? Let us know in the comments below.