Overview
- Kaboodle, which announced Tuesday it had stopped trading, is entering a Creditors’ Voluntary Liquidation.
- Insolvency firm BRI Business Recovery and Insolvency has been appointed to run the process and will contact creditors with claim instructions.
- Customers holding stock have been told to collect it by Friday, May 8, because depot access may end as staff leave and control passes to the liquidator or landlords.
- Commercial director David Simpson said cash constraints forced the shutdown and noted a recent shift to home installation that involved exiting the housebuilder sector.
- The company, founded in 2005 with depots in Highbridge, Basingstoke, Stevenage, Telford and Leeds, leaves employees, stored inventory and retail supply partners facing immediate disruption.