'Cash constraints' force Kaboodle to close with immediate effect
'Cash constraints' force Kaboodle to close with immediate effect
Kitchen appliance supplier and installation specialist Kaboodle has announced its immediate closure. Announcing the firm's closure on LinkedIn, commercial director David Simpson said: "I'm sad to formally advise that Kaboodle is to be liquidated as a result of cash constraints. My thoughts and appreciation go to all those employees involved in the insolvency – it's a distressing time for all.
"I'd also like to thank our manufacturing and retail customers for their loyalty. We were charged with restructuring the business to dedicate ourselves to the Home Installation market some time ago, meaning that we needed to exit our Housebuilder sector."
A statement on the company's website says: 'We regret to inform you that Kaboodle Ltd has ceased trading with immediate effect. Insolvency Practitioners, BRI Business Recovery and Insolvency, have been instructed to assist in placing the Company into Creditors’ Voluntary Liquidation. You will be contacted from them directly in due course in relation to the liquidation process including details on how to submit a claim for any monies owed, as applicable.'
A message to the company's portal users says: 'If you currently hold stock with us, please arrange for collection as a matter of urgency. Below are the relevant contact details for staff at each warehouse site, who will assist you in co-ordinating collection.
'We strongly recommend that all stock is collected by no later than 08/05/2026. All collections must be pre-booked with the relevant site contact. Please provide a full and complete mandate of the items you are collecting prior to arrival. We are unable to provide stock holding lists at this time. Please ensure you arrange appropriate transport, handling equipment, and authorised personnel.
'Please note that after this date, we cannot guarantee access to or availability of your stock, as staff will be leaving the business and control of the premises may pass to the appointed liquidator and/or the landlord.'
Kaboodle was founded in 2005 originally providing installation services to small white goods distribution companies. It grew to become a key supplier of white goods for housebuilders and developers all over the UK, and developed one of the UK’s largest independent home appliance installation services for many of the country's leading appliance retailers.
Tags: news, kitchens, kaboodle, appliances, david simpson