Leigh firm Better Bathrooms secures multi-million pound funding to create 100 jobs

Bathroom retailer Better Bathrooms is set to create 100 jobs across the country with a seven-figure funding boost from Business Growth Fund (BGF).

The £4m in follow-on funding comes after BGF invested £10m in the Leigh-headquartered firm back in July 2013.

To date, BGF has invested £14m in Better Bathrooms, retaining a minority stake.

The company, which has 10 retail showrooms across the UK and employs more than 400 people, is on track to achieve over £60m in sales during the current financial year, up from £31m when BGF first invested in the company in 2013.

Better Bathrooms is now aiming to smash the £100m sales barrier by 2018.

Colin Stevens, the firm’s CEO and founder, said: “These developments mark an important step for the business as we look to add further scale to the business.

“Our long opening hours of up to 10pm, seven days a week – and leading service levels with our own fleet dedicated two-man delivery – mean that we continue to take market share from all the major bathroom retail and DIY chains.”

He added: “With additional support from BGF funding, we can work towards strengthening our mission statement – to be better on every level.”

BGF investor Ben Barker commented: “Colin has a clear vision for the future growth of Better Bathrooms, and the team has a huge amount of energy for scaling the business.

“We are happy to be providing the growth capital to support their plans.”