top of page
Membership
Events
Family Business Insights
News

Subscribe to our newsletter

Sixth-Generation John Good Group Expands Portfolio With Acquisition


John Good Group is pleased to announce its acquisition of Nothing But Ltd, trading as Padlocks.co.uk, an online retailer of padlocks and security solutions based in Liverpool. This acquisition represents a strategic move for the John Good Group, marking its entry into the e-commerce product marketplace, and whilst niche – one with significant potential for growth and expansion.


Padlocks.co.uk, a well-established business with strong partnerships with world-renowned lock manufacturers including ABUS and Squire, offers a diverse range of padlocks and security products. In addition to distributing high-quality products, the company has developed its own brand, Shield, which complements its extensive product range.


Padlocks.co.uk has built a trusted reputation, serving prestigious clients such as the NHS, Harrods, The Royal Mint, and Network Rail, while also providing specialised solutions, such as salt-resistant locks for the marine industry. The current Padlocks.co.uk team will continue to play a significant role in the business during an extended handover period.


CEO of John Good Group, Adam Walsh, said, “It is an exciting acquisition for John Good Group as we bring this e-commerce business into the group. We’ve got great digital marketing, creative skills in the business, as well as a heritage in importing and exporting products, storage and logistics. I feel we’ve got the perfect blend of experience to help Padlocks.co.uk go on the next wave of growth."


"We also have a strategic objective to diversify the range of the businesses the Group invests in, and this is a step in the right direction to achieving that.”

Rich Quelch, the Group’s current Chief Marketing Officer, will take on an additional role as Managing Director at Padlocks.co.uk. Adam continues, “It is a great opportunity for Rich to take this step up and the responsibility that comes with being a Managing Director. Rich has done a great job since he joined us in 2022, and has proven he has all the right skills to help stimulate new growth and make a positive financial contribution from his efforts."


"I’m looking forward to seeing what he can achieve on the next stage of his career, and the benefit he can bring the John Good Group. I’d also like to welcome all the team from Padlocks.co.uk to the John Good Group. We’re going to go on an exciting journey together.”

Most Read Articles
Changes To BPR Create A Negative Impact On Economic Growth
Paul Andrews - Founder & CEO, Family Business United
St Andrews Day Launch For Arbikie’s New Highland Rye Whiskies
Linda Andrews - Editorial Assistant, Family Business United
Scotland’s Business Chiefs Call For More Support & Investment
Linda Andrews - Editorial Assistant, Family Business United
Businesses Count Cost Of Potholes In Roads
Paul Andrews - Founder & CEO, Family Business United
Tyre Contract Puts Transport Firm On Road To Net Zero
Linda Andrews - Editorial Assistant, Family Business United
New Head Of Trade Credit At TL Dallas
Linda Andrews - Editorial Assistant, Family Business United
Untitled design copy (8) copy (4) copy-Medium-Quality (1).jpg

Subscribe to our newsletter

SIGN UP AND JOIN NOW!

FBU continues to expand and has a growing membership base around the world. Recognised as THE family business champions we have also gained recognition in both of the Top 100 Global Family Business Influencers list compiled by Family Capital. We are also the VOICE of the family business community, celebrating their contribution throughout the UK and beyond.

sme-capital.png
axiom-logo.png
BM_LOGO_PRIMARY_BLACK_RGB (1).png
western-pension-solution-logo.png
TYWD Logo_Gold & Blue Centered.png
fosters-logo.png
Goodman-Jones-gold-white-v2.png
Birketts_Logo_Strapline_WHITE_on_purple.jpg
Rickard-Luckin.png
Turcan-Connell.png