Easy Bathrooms advised on £13m finance package

25th January 2022

Easy Bathrooms, headquartered in Birstall, is a one-stop-shop for bathroom fittings and fixtures, including baths, showers, mirrors, railings and tiles, employing 670 people across the UK. Rob Kelly  and Ethan Turner advised the team on a £13m cash injection which will boost headcount by 50% and triple its warehouse capacity.

Easy Bathrooms sells to consumers through its nationwide store network, as well as to tradespeople, such as housebuilders and hotel developers, under its sister brand Cubico.

The support of a £13m finance package from Lloyds Bank, the firm is to open a new, custom-built 330,000 sq ft warehouse in Wakefield.

As well as tripling its storage capacity from 15,000 to 60,000 pallet spaces, the move is paving the way for the creation of up to 400 new roles across warehousing, distribution and support functions.

Last year, it opened 32 stores, and the company expects to match this rate of growth in 2022.

If you are looking at options to grow and develop your business, we can help – get in touch.

We’re here for you – contact us today

0300 124 0406
enquiries@schofieldsweeney.co.uk

Contact Us