Easy Bathrooms receives £13million injection

Easy Bathrooms is set to boost turnover and headcount by 50% and triple its warehouse capacity following a £13million cash injection.

24 Jan, 22

National retailer Easy Bathrooms is set to boost turnover and headcount by 50% and triple its warehouse capacity following a £13million cash injection.

Easy Bathrooms receives £13million injection

Headquartered in Birstall, Leeds, it employs 670 people across it national network of bathroom showrooms.

Now, with the support of a £13million finance package from Lloyds Bank, the firm is set to open a custom-built 330,000 sq ft warehouse in Wakefield.

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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 roles across warehousing, distribution and support functions.

The move comes as Easy Bathrooms celebrated the opening of its 100th store on Boxing Day, with its expansion set to boost turnover from £62.3million to £95million year-on-year.

Looking ahead, the firm will continue its national store roll-out and will invest in its in-house design capabilities ahead of a full range refresh.

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

Financial director at Easy Bathrooms Laura Green said: “Over the course of the last two years, the home improvement sector has boomed, and we’ve seen demand for our products soar.

“Like all businesses, we have been pushed to adapt quickly to constantly changing conditions during the pandemic, and for us this meant accelerating our expansion plans to ensure we could keep up with growing customer demand.

“Our new premises gives us the capacity we need to stock the biggest and best range of products for our customers and help us operate with maximum efficiency unlocking further growth as we move into the new year.”