FFX Tools has officially closed its doors. Explore the timeline of the Folkestone retailer’s collapse, the ITS takeover, and where to find the best tool deals in 2026.
For over two decades, Folkestone Fixings (better known as FFX) was a staple of the UK construction industry. Known for their "Real Deals" and an massive online presence that often undercut the biggest names in the business, their sudden collapse sent shockwaves through the trade. As of 2026, the landscape of UK tool retailing has permanently shifted, leaving many professionals and DIYers asking: what actually happened to FFX?
The trouble began in late September 2024, when FFX officially entered administration. Despite a turnover that neared the £100 million mark during the post-pandemic boom, the company struggled with thinning margins and a high debt load. By February 2025, the parent companies, including Trupanon Topco, moved from administration into a Creditors’ Voluntary Liquidation. This marked the final chapter for FFX as an independent entity, resulting in the closure of their physical stores in Ashford and Folkestone and the redundancy of over 140 staff members.
Shortly after the administration announcement, ITS (Industrial Tool Supplies), the UK’s largest independent power tool specialist, stepped in to acquire the FFX brand name and its web domain. Today, if you visit the old FFX website, you are redirected to a dedicated landing page on ITS.co.uk. While the original FFX company no longer exists, ITS has worked to integrate the "FFX spirit" into their own operations.
It is important for customers to note that ITS acquired the assets and intellectual property, not the liabilities. This means that if you had an outstanding order or a warranty claim with the original FFX entity before late 2024, those obligations unfortunately died with the old company. However, for those looking for the same DeWalt, Makita, and Milwaukee deals that FFX was famous for, ITS has positioned itself as the primary alternative.
Industry analysts point to several factors that led to the downfall of such a prominent player. While FFX saw record sales during COVID-19, the subsequent rise in operating costs and supply chain volatility proved too much to handle.
"FFX operated on a high-volume, low-margin model. When consumer spending slowed down and the cost of holding stock rose, there simply wasn't enough 'meat on the bone' to survive the interest rate hikes of 2024 and 2025." — Industry Insolvency Report, 2025.
Furthermore, the competition from Amazon UK and the rapid expansion of Screwfix and Toolstation into smaller, local "click and collect" hubs made the purely warehouse-based model of FFX more difficult to sustain. The race to the bottom on pricing ultimately became a race that FFX could not win.
With FFX gone, the UK market has consolidated. However, there are still plenty of places to find competitive prices on professional-grade hardware. Here is how the major players currently stack up in March 2026:
In a world without FFX, price comparison is more important than ever. The price of a Makita DHP485Z can vary by as much as £25 between five different retailers on any given Tuesday. At DSIDE.co.uk, we help you fill the void left by FFX by comparing prices across 183+ UK retailers instantly.
We track live pricing from FFX (now via ITS), Toolstation, Screwfix, ManoMano, and many others. Instead of hopping between tabs to see who has the cheapest 5.0Ah 18V battery, you can see the entire market in one view. Our platform ensures that even though one of the "Big Four" has fallen, the competitive spirit that FFX championed lives on through transparent pricing for the consumer.
The loss of FFX was a blow to the industry and a reminder of how fragile even the most successful-looking businesses can be. However, the acquisition by ITS has prevented the total disappearance of a brand that many tradespeople loved. In 2026, the market is leaner and more digital than ever. By using tools like DSIDE.co.uk, you can ensure that you are still getting the "Real Deal" prices that FFX once promised, regardless of which retailer is shipping the box.
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