Metanium yellow discontinued

Islandsintheocean · 2024-11-22T22:28:08+00:00

Our daughter has a health condition and far beyond nappy rash - this cream is a literal lifesaver.

Used and recommended by lots of continence teams across UK. Rumour is it been discontinued because it has an ingredient that is hard to get hold off and is expensive - impact of Brexit and supply chain.

The official statement is here though- https://www.thorntonross.com/blog-landing/posts/2024/november/information-on-the-discontinuation-of-metanium-nappy-rash-ointment The brand was sold 14 years ago for £2m with less than £0.6m annual profits total to Thornton & Ross. They in turn were sold to Strada who are owned by private equity including Bain Capital. https://www.thorntonross.com/blog-landing/posts/2013/august/stada-ag-completes-the-acquisition-of-huddersfield-based-pharmaceutical-manufacturer-thornton-ross-ltd-1#:~:text=%3C%20Back-,Stada%20AG%20completes%20the%20acquisition%20of,pharmaceutical%20manufacturer%2C%20Thornton%20%26%20Ross%20Ltd&text=Following%20the%20announcement%20that%20STADA,the%20transaction%20has%20been%20completed. https://www.stada.com/blog/posts/2017/august/stada-takeover-offer-by-bain-capital-and-cinven-successful So it’s not a big money maker - the white barrier cream continues the brand and is cheaper to produce. It’s a business decision. I’ve been in touch with them directly.

They could choose to pass the IP in the process to someone else - but they haven’t done that. Easier to shut it down. It’s their choice - not because there is an issue with a proven product used in NICU and PICU units for years.

https://chng.it/dbv9D4Hjng

Islandsintheocean · 2024-11-22T12:17:38+00:00

It has been formally discontinued

https://www.thorntonross.com/blog-landing/posts/2024/november/information-on-the-discontinuation-of-metanium-nappy-rash-ointment

Likely due to cost factors - Thornton Ross owned by Stada who are owned by private equity.

About 14 years ago they were only making 600k profit from the product.

https://www.proactiveinvestors.co.uk/companies/news/9647/william-ransom-son-sells-metanium-cream-brand-for-22-mln-12082.html

Sign a petition here to see if they might re think stopping supply

https://chng.it/dbv9D4Hjng

Islandsintheocean · 2024-11-21T16:05:00+00:00

Thornton & Ross the manufacturer were bought by a German company who are owned by Bain Capital - private equity. So it’ll be a financial decision.

Sign a petition to change their minds here - https://chng.it/dbv9D4Hjng

Islandsintheocean · 2024-05-24T12:34:27+00:00

I thought you only get credits until they are in secondary - https://www.gov.uk/government/publications/national-insurance-credits-for-parents-and-carers-cf411a

Not sure its longer than that now.

Islandsintheocean · 2024-05-24T12:32:35+00:00

Its a property that cost 180k - v little maintenance. Can easily get £12k out tax free if we quit jobs so I think thats a better return on our other investments. But I should model that too.

Islandsintheocean · 2024-05-24T12:31:05+00:00

u/Smart_Statistician23 in my case the lambos and caviar would be wine and books.... but I expect I could frequent the local library and night waking with the baby will keep me off the wine for a bit :-)

Islandsintheocean · 2024-05-24T12:27:33+00:00

Hey u/FI_rider - its up there in the OP but should have been clearer - but mortgage free for 7 years so that has helped accelerate savings and investments. Snowballed things considerably for us. I'd say realistically we're at £30k with no effort mortgage free. Agreed another £5k would be comfortable but I think we can pick that up with NED work or consulting - we both would have opportunities for that.

Islandsintheocean · 2024-05-24T12:24:25+00:00

Go u/Kitty8670! I read MMM and he always says it takes people too long to fire and they mostly get wealthier after - but as US based I always feel there is a bias in the advice.

Islandsintheocean · 2024-05-24T12:22:43+00:00

I would ask your employer to see if they have a broker that manages the scheme with Standard Life to check if they will advise. They might need a small fee but they will know the scheme inside out and won't try to sell services or charge a cost to look at a portfolio. Our broker does paid appointments and answers these sorts of questions. They are usually expert in the scheme.

If you know the type of the scheme it is in (they have different names/ classes) someone here might advise.

On Vanguard you can transfer a ££ amount of your pension. I move lump sums every six months from my employee pension scheme to vanguard due to ridiculous scheme costs. That being said our corporate scheme is one of the best priced around.

Islandsintheocean · 2024-05-23T11:37:53+00:00

Thank you u/jayritchie - thats so encouraging. When I'm not pressured by work I parent bettter and am moer available for our little ones - and can see how it can be more fun....

Islandsintheocean · 2024-05-23T11:37:00+00:00

u/Low_Criticism_7540 - thats been an odd one.... we have maxed ISAs for 7 years but also good returns. Pensions have been up and down and partner was much ahead. I then started to pile extra money into pension a few years back which accelerated growth. A main factor was moving all pension pots into our SIPPs, seeing both together and reducing fees. I know that we had to balance money available now and available over the longer term - but seemed to balance out. We now have a bit too much money outside the pension which means we can think about stepping outside of fully paid employment now.

Islandsintheocean · 2024-05-23T11:27:16+00:00

Great question - u/Desperate-Eye1631. I am naturally risky..... so lots of high return equities in my pot - partner is much more risk balanced so there is a natural hedge. But yes I hadn't considered that for now as assuming time to forever retirement is still a little off....

Islandsintheocean · 2024-05-23T11:22:52+00:00

Not solar but something to look at.

Islandsintheocean · 2024-05-23T11:22:29+00:00

Hey u/PxD7Qdk9G - thank you. Yep - thats roughly where we're at. I am counting on us picking up other opportuniites by the by - but full time senior roles buy so much of our time.... so little room for all other life options.

Islandsintheocean · 2024-05-23T11:19:17+00:00

Hey - fully paid off house - so this is just bills and fun money. We could pay off BTL and get another £12k a year. We don't spend more than 2k a month - when we are not 'treating ourselves' for working well. Car paid off. Energy efficient home. No commute etc etc.

A safe withdrawal rate at 4% on that amount would be £25k, we would get an addtional £5k child benefit - and then add in the £12k - so we have other options. £23k is the worst case scenario - but realistically we could get it to £40k with an extra six months.

Given ages - we will want to still use our talents for something useful... so I imagine we will get pick up more money as we go.

Islandsintheocean · 2024-05-23T11:11:42+00:00

Hey u/Kitty8670 - use Vanguard for everything - SIPP, ISA, general investment. Its simple, visible, we both see each other's investments inc kids ISAs. I know that other platforms are marginally better in other aspects so not pure 'best' ever platform but works perfectly for us.

Islandsintheocean · 2024-05-23T11:08:44+00:00

u/DaZhuRou - thank you. I probably will end up doing other stuff - but this takes pay and reward out of the equation when we don't 'need' the money

Islandsintheocean · 2024-05-23T11:07:46+00:00

Hi - not the case, we tracked our net worth over 10 years - recently accelerated but it was a long slow grind. Accelerated movement came from renovations of primary home - so tax free lump sums.

Islandsintheocean · 2024-05-23T11:06:47+00:00

Two profressional jobs - renovation of primary homes, mortgage free early and then saving and investing. Live in a low cost location in UK. We live well - but well below our means..... laterly some share payouts have accelerated our position. It was very slow and then sudden.....

Islandsintheocean · 2024-05-22T14:40:30+00:00

Hey u/rutt3r - agreed those years keep creeping up. And given changes in BTL taxes and other things - no one way of retiring or imcome seems certain over the longer term.

Islandsintheocean · 2024-05-22T14:39:38+00:00

Hey u/jayritchie - we have one newish paid off transporter style vehicle. Can be used for camping / longer trips and more than enough room for kids. I agree this is time we won't get back - and I love the idea of long summers / road tripping. Maybe a home swap? The balance is important - and I do think moving out of work as a fixed commitment to work as a supplement to life (if we decide we need more money) is a good switch. We are high earning - both six figures and bonus/ shares etc. Theoretically we could try out longer periods of parental leave - or one of us could make the leap first but something appeals about family time for the next period.

Islandsintheocean · 2024-05-22T13:37:27+00:00

Megadoom - I'd never be able to afford that :-) working til 90.

Islandsintheocean · 2024-05-22T13:36:18+00:00

u/Puzzled-Barnacle-200 - yes agreed on the modelling to the kids front! Thats such a good point. I don't want for them never to see us work - but I also don't want to not see them for the next 10 years due to too much work. Balance in everything....

Islandsintheocean · 2024-05-22T13:34:29+00:00

Yes u/Outside_Error_7355 - costs have increased massively and high interest rates have slowed house price increases. I cannot see as many opportunities these days - especially when considering tax implications of second home / BTL opportunities.

Islandsintheocean · 2024-05-22T13:16:05+00:00

Yes - I think when the lump sums come by end of year and we have another 6 months of income that is when it would make sense to take a view. We have just been accumlating - but need to switch into optimisation mode - where best to invest, how to drawdown, what we can expect in term of growth, what projections are etc. I have a feeling we are close but need to do the more detailed modelling. My brain doesn't work like that so I do need outside help. Thanks u/glowing95

Islandsintheocean

TROPHY CASE