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Denby said that more than half of the group's £72m debt will be written off as part of the transaction, and that Valco has provided a working capital facility to the business.

In 1891 Royal Worcester introduced the words 'Royal Worcester England' beneath the standard Worcester mark with the addition of a dot to the left of the crown in 1892, followed by a further dot to the right of the crown in 1893, and this continued until 1903 with a total of twelve dots, six either side of the crown.

In 1904 further dots (one for each additional year) were added beneath the words 'Royal Worcester England', until 1915 with a total of 24 dots, six dots either side of the crown and twelve beneath the words 'Royal Worcester England'.

Over the years factory marking of pieces has evolved and although marks vary from impressed and hand written to printed emblems, the majority of bone china produced was marked in the way described below.

The standard printed factory mark, included the number 51 in the centre that refers to the year 1751 when the Worcester Porcelain Company was founded by Dr John Wall.

The mark can appear in any colour, and on a variety of materials.