Kitchen and bathroom firm in administration
DEAN House Ltd, the Oldham-based home improvements retailer trading as Betta Living, has today gone into administration.
The company, which designs, manufactures and installs fitted kitchens, bedrooms and bathrooms, has 24 stores throughout the country and employs more than 300 staff.
It made an application to appoint administrators and informed its staff of the situation on Friday.
In a statement the company said it “will consider all options to try and secure the continuation of the business but at present Betta living has temporarily ceased to trade”.
Betta Living was set up in 1966 under the name Betta Bedrooms.
In 2000 it was taken over by current chairman Noel Dean, who merged Better Bedrooms with his company the English Kitchen Company.
In 2012 Betta Living started supplying bathrooms following the acquisition of a number of Moben and Dolphin showrooms from HomeForm Group.
The company’s most recently filed accounts for the year to November 30, 2014 were signed off in September 2015. They show the company had a turnover of £46.4m (2013: £34.9m) but made a pre-tax loss of £158,000 (2013: £1.7m profit) on an operating loss of £18,000 (2013: £1.6m profit).
In that year it paid £378,000 in dividends to its shareholders.
