Bunce’s Home Hardware confirms closure of all seven Sussex stores

Bunce’s Home Hardware has been forced to close all seven of its Sussex stores due to ‘cash flow difficulties’, an advisory firm assisting the company has confirmed.

Monday, 28th January 2019, 12:18 pm
Updated Thursday, 7th February 2019, 7:26 pm

Bunce’s Home Hardware, a family-run business which was launched in 1928, closed all of its seven stores with immediate effect on Friday, January 25, a spokesman at FRP Advisory LLP said.

All 30 members of staff at the stores have been made redundant, confirmed the spokesman.

Bunce’s has stores in Horsham, Storrington, Littlehampton, Steyning, Lewes and two stores in Worthing.

Bunces Home Hardware in Portland Road, Worthing

It sells electrical, gardening, bathroom, DIY equipment and homeware to trade customers and direct to consumers.

Ian Vickers, partner at FRP Advisory LLP, said: “Bunce’s Home Hardware has been in operation for almost a century, with a stellar reputation for providing quality goods.

“Unfortunately, the company has run into cashflow difficulties resulting in it having to close all seven stores.

“We are now focused on providing support to employees and stakeholders impacted by the closures and seeking to maximise returns for creditors.”

The sign on the window at Bunces in Portland Road, Worthing

Any suppliers or distributors with any questions have been asked to contact [email protected]

The branch in Storrington closed its doors last Monday.