A UK kitchen firm has collapsed into administration ‘with immediate effect’ and customers are being urged to act before Friday.

Kaboodle Ltd, which has been in business since 2005, announced that insolvency firm BRI Business Recovery and Insolvency has been appointed to put the firm into voluntary liquidation.

The firm had offered home appliances and installation for retailers as well as manufacturers in five depots including Leeds, Highbridge, Basingstoke, Telford and Stevenage.

Kaboodle announced its closure with a statement on its website which said: "We regret to inform you that Kaboodle Ltd has ceased trading with immediate effect. Insolvency practitioners BRI Business Recovery and Insolvency have been instructed to assist in placing the company into Creditors’ Voluntary Liquidation. You will be contacted from them directly in due course in relation to the liquidation process including details on how to submit a claim for any monies owed, as applicable."

“I’d also like to thank our manufacturing and retail customers for their loyalty, we were charged with restructuring the business to dedicate ourselves to the home installation market some time ago meaning that we needed to exit our housebuilder sector. As an SME and as in all businesses, cash flow is king and whilst most of our housebuilder customers worked with us to clear debt one in particular (our largest) acted generally in a disgraceful manner avoiding payment of substantial sums for goods and services provided which has resulted in our demise.

“This has in turn resulted in the loss of dozens of people’s livelihoods and the downfall of an otherwise viable business. To this customer, you should be ashamed!”