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The Mill was run by Mallalieu's for many years, but they went into administration in 1996. They came out of administration when they were bought by another Delph weaving company, Gledhills. However, in doing so, most of the business was transferred to Valley Mill, just up the road. Bailey Mill remained in use until about January 2000.

The mill itself, although abandoned, still has remnants of it's past, including 3 carding engines and a blender in the basement and a loom on the top floor. Copper thieves have recently been on the site, and there is also some vandalism, but it was interesting to see a reasonably intact, partly equipped mill.