News: Crosby Kitchens enters a new era

Rotherham-based Crosby Kitchens, a major UK kitchen designer and supplier, is looking forward to a new era under new ownership.

Crosby Kitchens went into liquidation in September 2013, whilst its sister company, Aberdeen-based NTP Kitchens, was placed into receivership.

Part of Aberdeen-based CHAP Holdings, Crosby Kitchens only recently signed a lease on new premises at Houndhill Park, Manvers, having previously operated out of The Wesley Centre in Maltby and housing its stock in Edinburgh.

Businessman Andrew Gibson purchased the Crosby stock, brand and all intellectual property in December 2013 and is now trading out of the Houndhill Park premises.

Andy said: "I had no hesitation in purchasing the Crosby brand, with such a rich history it was and will continue to be one of the longest established kitchen brands in the industry, I look forward to developing the brand and taking it into new distribution channels, our first priority is to launch our online store, which will for the first time in over 25 years allow the consumer to purchase their kitchen direct from us online."

Changes have already been made with part of the warehouse premises allocated to a showroom for trade purposes, in addition the Houndhill Park premises will now offer trade buyers the opportunity to go to the trade counter and buy units off the shelf at up to 30% less than competitors.

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Crosby Kitchens began as K Brody Ltd in 1936, a small company specialising in the manufacture of bedroom and dining furniture for supply to local builders. It moved into manufacturing kitchen units and, despite the parent company going into receivership in the early 1970's, the profitable business joined the The Crosby Group where the development of the flatpack concept meant that the arm quickly became accountable for 50% of the turnover for Crosby's Consumer Products division.

CHAP (Holdings) Ltd, one of Scotland's leading privately owned construction groups, acquired a 60% stake in the firm in 2000 and were sole owners.

Crosby Kitchens website

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News: Crosby Kitchens goes into liquidation

Rotherham-based Crosby Kitchens, a major UK kitchen designer and supplier, has confirmed that it is has gone into liquidation, whilst its sister company, Aberdeen-based NTP Kitchens, has has been placed into receivership.

Part of Aberdeen-based CHAP Holdings, Crosby Kitchens only recently signed a lease on new premises at Houndhill Park, Manvers, having previously operated out of The Wesley Centre in Maltby and housing its stock in Edinburgh.

Johnston Carmichael's Gordon MacLure and Ewen Alexander have been appointed receivers and have already commenced talks with staff, key suppliers and customers.

Three of Crosby Kitchens's six staff members have been made redundant with immediate effect, whilst the remaining employees have been retained to assist with a closing down sale and other administrative matters.

A spokesperson for Crosby Kitchens and NTP Kitchens said: "It is with deep regret that we confirm today that NTP Kitchens has been placed into receivership, whilst Crosby Kitchens has entered liquidation.

"These developments stem from the recent recession, which had a hugely negative impact on retail sales, with customers proving to be extremely cautious when it came to discretionary purchases such as kitchens.

"It was hoped that the market would have picked up significantly by this point - and demand for kitchens would have returned to pre-credit crunch levels - but unfortunately this has not materialised, leading us to today's decisions."

Crosby Kitchens began as K Brody Ltd in 1936, a small company specialising in the manufacture of bedroom and dining furniture for supply to local builders. It moved into manufacturing kitchen units and, despite the parent company going into receivership in the early 1970's, the profitable business joined the The Crosby Group where the development of the flatpack concept meant that the arm quickly became accountable for 50% of the turnover for Crosby's Consumer Products division.

CHAP (Holdings) Ltd, one of Scotland's leading privately owned construction groups, acquired a 60% stake in the firm in 2000 and are now sole owners.

Crosby Kitchens website

Images: Crosby Kitchens

Read more...

News: Crosby Kitchens take space in Rotherham

Crosby Kitchens, a major UK kitchen designer and supplier, has agreed a five year lease on new premises in Rotherham.

The company is owned by Aberdeen-based CHAP Holdings and had housed its stock in Edinburgh whilst operating out of The Wesley Centre in Maltby, Rotherham.

Its new home of Unit 4 at Houndhill Park, Manvers, comprises 10,460 sq ft of trade counter and storage space as well as including 2,735 sq ft of first floor offices.

Jones Lang LaSalle's industrial agency team acted on behalf of Praedia Investment Limited for the deal. Richard Harris, director from Jones Lang LaSalle, said: “The deal works well for both Praedia Investment Limited and Crosby Kitchens who can now invest in this larger space over the medium term."

The company began as K Brody Ltd in 1936, a small company specialising in the manufacture of bedroom and dining furniture for supply to local builders. It moved into manufacturing kitchen units and despite the parent company going into receivership in the early 1970's, the profitable business joined the The Crosby Group where the development of the flatpack concept meant that the arm quickly became accountable for 50% of the turnover for Crosby's Consumer Products division.

CHAP (Holdings) Ltd, one of Scotland's leading privately owned construction groups, acquired a 60% stake in the firm in 2000 and are now sole owners.

Crosby Kitchens website

Images: Jones Lang LaSalle

Read more...