Posted: Thu 27th Jun 2019

Bathstore calls in administrators putting jobs at risk in Saltney

News and Info from Deeside, Flintshire, North Wales
This article is old - Published: Thursday, Jun 27th, 2019

Specialist bathroom retailer Bathstore has appointed administrators after failing to find a buyer. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The Company, which is headquartered in Welwyn Garden City, has 135 stores across the UK including one on Central Trading Estate in Saltney. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

Bathstore employs 531 staff, based across its head office and stores. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The company is continuing to trade but all installations have been stopped as administrators look for a buyer. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

Ryan Grant, BDO Business Restructuring partner, said: “Despite significant investment into the business over the past five years, Bathstore has struggled to overcome the well-documented challenges facing the UK retail sector. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

The appointment was made after several months of difficult trading, and the failure of ongoing talks to find a buyer for the business. Bathstore is continuing to trade in administration, whilst the administrators seek a buyer. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

“Subject to available stock, Bathstore is expecting to be able to satisfy the majority of outstanding customer orders, with the support of key stakeholders. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

However, all installation services have ceased with immediate effect.” ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

If you have paid for Bathstore for an order but not received it – moneysavingexpert.com has information which may be able to help. ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

More here: Moneysavingexpert.com ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

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