Bathstore is continuing to trade in administration while the administrators seek a buyer.” He said Bathstore should be able to fulfil the majority of outstanding customer orders, although all installation services have ceased. Customers will be contacted directly but can also find information on the company’s website.
Homebase said it would continue operating the Bathstore shops it has acquired. The DIY retailer also has plans to launch “a significant number” of Bathstore concessions in its larger stores over year and a half.
Bathroom retailer Bathstore has gone into administration, although it will continue to trade while a buyer is sought. The chain has 135 UK stores and the administration puts 531 jobs at risk.
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The cost of installing a wet room is usually between £5,000 and £10,000. If you are paying a company to tank and install a wet room , including floor-to-ceiling tiles, suite and shower , expect to pay more.
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Corporate recovery specialist in Manchester, Leonard Curtis have been appointed as administrators. This follows the failure of a buyer being found. ”Sadly this morning I was made redundant as Soak .com has gone into administration .
Better Bathrooms is a value-led bathroom specialist that runs an online site. It formerly had around 15 showrooms across the UK, but these were all closed after the retailer collapsed into administration in March 2019.
On 25 May 2018, it was announced that Homebase had been sold by Wesfarmers to turnaround specialists Hilco, for a nominal one pound sterling. Hilco took ownership of the business on 12 June 2018.
The CVA was due to run until August 2021 but being ahead of its profits, reducing its cost base by over £180 million and bringing the business to a stronger place now, means it can be terminated in March/April 2020 instead. The turnaround plan used has been a success. There are now 164 Homebase stores.
Bathstore is a specialist bathroom retailer that was founded in 1990. Its heritage and expertise help customers achieve their dream bathroom. In July 2019, Bathstore was acquired by Homebase .
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