Cotswolds-based kitchen company Parlour Farm Kitchens has used a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from NatWest to secure the future of the business and safeguard 25 jobs.
The finance package will help the family business’s cash flow, allowing the firm to continue paying suppliers, rent and salaries following three months of no income. It will also allow the business to fulfil existing orders within the current Covid-19 working guidelines.
Parlour Farm Kitchen’s 8,500 sq ft showroom on Love Lane in Cirencester has now reopened and the business is looking ahead, as it plans to add a new design range to its kitchen portfolio. The Sebastian James range will offer bespoke design and a more competitive price, thanks to lower production costs.
Founded in 1995, Parlour Farm Kitchens creates fully bespoke British kitchens. Owner Dino Mussell acquired the business in 2015 and runs the company with his mother Tina Rowley-Mussell and her husband Austen Rowley, as well as a team of 25 employees including designers, surveyors and fitters. The company recently invested in larger premises as part of its growth plans.
Director Tina Rowley-Mussell said: “Since taking over the company in 2015, we have continued to grow the business to become a renowned name in the Cotswolds, associated with high-quality kitchens using the best British materials.
“Going into the coronavirus pandemic, we had a strong order book and the funding from NatWest will allow us to fulfil these, retain our hugely experienced team of staff and progress our current enquiries as new projects.
“Having the backing from NatWest and the belief in our company is reassuring in this challenging time.”
Neil Griffiths, NatWest Relationship Manager, said: “Parlour Farm Kitchens is a fantastic local business and we have been able to provide the support it needs to ensure the team are able to complete existing orders and in the long term, the business will remain open to new customers for years to come.”