Posted 15th March

Buy It Direct buys assets of Better Bathrooms

By KBBDaily on 15th March 2019 - 15:41pm
bathroom, money matters, better bathrooms, roxor group, administration, redundant, company, kbb, kbbdaily

Online retailer Buy It Direct – which owns the Appliances Direct and Furniture 123 brands – has acquired the assets of BetterBathrooms (UK) Limited, which fell into administration and ceased trading at the beginning of March.

Phil Pierce and Gary Blackburn of FRP Advisory were appointed joint administrators of the business following a “period of unsustainable cashflow difficulties”. “By securing a sale of the assets of the business, we have been able to maximise returns to creditors,” said Pierce.

“Buy It Direct’s proven online retail expertise and infrastructure will ensure that they are well placed to take the business forward and we wish them well for the future.”

Buy It Direct managing director Nick Glynne said: “The Better Bathrooms business will complement our other successful ‘home’ brands, Appliances Direct and Furniture123, and I am particularly pleased to be working with some of the existing talented team.

“We hope to start trading again later this month and are now focused on resurrecting and developing the brand to demonstrate exceptional value to our customers.”

Related articles

Kitchens International ventures into commercial contracts

Posted yesterday - 15:11pm |

The new KI Interiors division has already completed several contracts for restaurants, cookery schools and hotels

Dishwasher and oven make top 10 purchases that ‘define adulthood’

Posted yesterday - 13:16pm |

After a car and a house, large household appliances are important to Brits heading into adulthood, a survey found

Kitchens International welcomes new operations manager

Posted yesterday - 12:14pm |

The company has also appointed two new members of staff to its sales design team

Maxtop Quartz signs distribution deal in Ireland

Posted yesterday - 10:30am |

Supplier OSB Group has decided to introduce the brand’s entire range to its Dublin centre

in the spotlight

SPLIT from Salice – dividing to organise, in the most personal way

popular articles

Comedian Joe Lycett invites Birmingham Mayor to his kitchen extension opening

Joinery firm fined after two workers suffer finger amputations