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  "path": "/money/kaboodle-british-kitchen-firm-enters-liquidation-customers-act-fast",
  "publishedAt": "2026-05-05T18:11:38.000Z",
  "site": "https://www.gbnews.com",
  "tags": [
    "UK borrowing costs hit highest level since 1998 as Rachel Reeves faces pressure over mounting debt",
    "Digital ID fears grow as expert warns Britons would need approval to use their own money",
    "Airlines axe millions of seats amid warning jet fuel could fall to 'critically low levels'",
    "The GB News Editorial Charter"
  ],
  "textContent": "\n\n\nKaboodle Ltd has ceased trading with immediate effect after the kitchen appliance supplier and installer ran into financial difficulties.\n\nThe company confirmed it has entered creditors' voluntary liquidation, with BRI Business Recovery and Insolvency appointed to oversee the process.\n\n###\n\n\n\n\nCash constraints forced the closure, according to commercial director David Simpson.\n\nIn a statement, the firm said: \"We regret to inform you that Kaboodle Ltd has ceased trading with immediate effect.\"\n\n###\n\n\n\n\nTRENDING\n\nStories\n\nVideos\n\nYour Say\n\n###\n\n\n\n\nThe company said customers will be contacted directly regarding the liquidation process, including how to submit claims for any outstanding debts.\n\nEstablished in 2005, Kaboodle expanded into a nationwide white goods business with the capability to install kitchen appliances across the UK.\n\nThe firm operated from five depots located in Highbridge, Basingstoke, Stevenage, Telford and Leeds.\n\nIts core operations focused on supplying and installing home appliances for retailers and manufacturers.\n\n###\n\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nKaboodle also provided fitting services for kitchen units and operated an apprenticeship scheme in partnership with North Hertfordshire College.\n\nPrior to its collapse, the company had been attempting to restructure its business to focus on the home installation market.\n\nThis strategy involved withdrawing from the housebuilder sector following market challenges.\n\nMr Simpson said: \"I'm sad to formally advise that Kaboodle is to be liquidated as a result of cash constraints.\"\n\n### LATEST DEVELOPMENTS\n\n\n\n\n  * UK borrowing costs hit highest level since 1998 as Rachel Reeves faces pressure over mounting debt\n  * Digital ID fears grow as expert warns Britons would need approval to use their own money\n  * Airlines axe millions of seats amid warning jet fuel could fall to 'critically low levels'\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nHe said the situation would be difficult for those affected and thanked customers for their support.\n\nMr Simpson said: \"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.\"\n\nThe liquidation follows the company's recent decision to step back from housebuilding work.\n\nCustomers holding stock with the company have been instructed to arrange collection by May 8.\n\n###\n\n\n\n\n###\n\n\n\n\nThe firm said it cannot guarantee access to inventory after this date as staff will be leaving and control of premises may pass to the liquidator or landlords.\n\nAll collections must be arranged in advance with the relevant site, with customers required to provide suitable transport and handling equipment.\n\nMatthew Pitt, founder and former managing director, said: \"Sad to hear the news about the closure of Kaboodle today, it's very disappointing to see a business with strong foundations end up in this position.\"\n\nMr Pitt said: \"There are a lot of talented people affected, and I hope they're supported through what will be a difficult period.\"\n\n###\n\n\n\n\n\n\n\n\n\n\n**Our Standards: The GB News Editorial Charter**",
  "title": "British kitchen brand enters immediate liquidation with customers warned to act before Friday deadline"
}