The Magnet Scotland store closure has moved beyond the proposal originally announced in June 2026.
Stirling was the only Scottish location among 15 Magnet sites selected for closure, and creditors subsequently approved the company’s Company Voluntary Arrangement on 20 July 2026.
Magnet’s current Scotland showroom directory no longer lists the Stirling branch at Whitehouse Road, Springkerse Industrial Estate.
An earlier Magnet location page had already shown the Stirling showroom as closed across multiple days in July. However, a specific final trading date for Stirling has not been clearly published.
The wider Magnet business continues to have a substantial presence in Scotland, with other showrooms still listed and accepting customers.
Was Magnet’s CVA Approved In 2026?
Yes. Magnet’s Company Voluntary Arrangement was approved on 20 July 2026, marking an important change from the position when the original store closure announcement was made.
More than 90% of voting creditors by value supported the proposal. The approval allowed Magnet to move ahead with plans to address historic property costs and close 15 underperforming locations.
Companies House later recorded a notice confirming that the CVA affecting Magnet Limited had taken effect.
The CVA is significant because it gives the operating company a formal framework for dealing with creditors while continuing to trade. It also means the 15-store programme should no longer be described simply as a closure proposal awaiting creditor approval.
Individual stores could still have different closure dates, customer arrangements and employee consultation outcomes.
Why Is Magnet Closing Its Stirling Showroom?
Magnet included Stirling in its restructuring because it formed part of a group of locations described as underperforming.
The company said historic property costs had become unsustainable and were placing pressure on the business. Closing selected locations forms part of an attempt to reduce those costs and concentrate investment on stronger parts of the estate.
The main reasons given for the wider restructuring include:
- Underperforming Locations: The affected stores were identified as weaker parts of the estate
- Property Costs: Magnet said historic property costs were weighing on the business
- Cost Reduction: Closing selected branches should reduce ongoing property expenses
- Business Restructuring: The company wants to create a more sustainable operating structure
- Investment Priorities: Resources can potentially be directed towards stronger-performing parts of the network
Magnet has not publicly released detailed Stirling-specific sales, rent, profitability or customer footfall figures.
Which 15 Magnet Stores Are Closing In The UK In 2026?
The restructuring programme identified 15 locations across England, Scotland and Wales.
| Magnet Location | Area |
| Andover | Hampshire |
| Birmingham Minworth | West Midlands |
| Blackburn | Lancashire |
| Bridgwater | Somerset |
| Brighton | East Sussex |
| Colwyn Bay | Wales |
| Dorking | Surrey |
| Farnborough | Hampshire |
| Ramsgate | Kent |
| Romford Trade | Greater London |
| Stirling | Scotland |
| Stockton | County Durham |
| Watford | Hertfordshire |
| Weymouth | Dorset |
| York Trade | North Yorkshire |
Most of the affected sites are retail showrooms. Romford and York were identified as trade locations.
The programme represents only part of Magnet’s wider UK estate rather than a nationwide shutdown of the business.
Have Any Magnet Stores Already Closed?
Yes. The closure programme began before the CVA creditor vote was completed.
Magnet’s Watford Caxton Way showroom ceased trading on 14 July 2026, becoming the first of the 15 locations reported to have closed. Existing Watford customer orders were transferred to the St Albans and Harrow branches.
Stirling’s position has also changed since the original June announcement. Magnet’s current Scotland directory no longer includes Stirling, while an earlier Magnet location page displayed the showroom as closed throughout a period in July.
This indicates that the Stirling closure has moved ahead, although customers should not rely on an assumed closure date where Magnet has not publicly confirmed the precise final day of trading.
What Happens To Existing Magnet Stirling Customer Orders?
Magnet previously said customer orders connected with affected stores would remain a priority and would be handled through another nearby branch where required.
Closing a showroom therefore does not automatically mean an existing kitchen order has been cancelled.
Customers affected by the Stirling closure should confirm:
- Order Management: Which Magnet branch or central team is now handling the order
- Delivery: Whether agreed delivery dates remain unchanged
- Installation: Whether installation arrangements are continuing as planned
- Payments: Where remaining payments should be made
- Design Changes: Who should handle amendments to an existing kitchen design
- Missing Items: Where shortages or damaged products should be reported
- Contact Details: Who has become the customer’s main point of contact
Customers should also retain their order number, contract, design documents, invoices, payment records and written correspondence.
Will Magnet Kitchen Guarantees And Aftercare Still Apply?
A local showroom closure does not by itself establish that every Magnet product guarantee or aftercare commitment has ended.
Magnet Limited remains an active company subject to a CVA, while Magnet continues to operate showrooms elsewhere in the UK. Its current website also continues to promote guarantees on qualifying kitchen products.
Customers with an existing kitchen should keep copies of:
- Purchase Documents: Original invoices and order confirmations
- Guarantee Information: Any guarantee supplied with cabinets, appliances or other products
- Installation Records: Details of fitting and installation arrangements
- Correspondence: Emails discussing faults, repairs or replacements
- Product Information: Model numbers and specifications where available
The precise position depends on the customer’s contract, product and guarantee terms. Customers previously dealing with Stirling should confirm which operating branch or support team now manages their case.
Has Magnet Kitchens Gone Into Administration?
The position needs to be explained carefully because different Magnet companies are involved.
Magnet Limited, company number 02762625, is the operating company recorded at Companies House as active and subject to a Company Voluntary Arrangement.
Separately, Magnet Group Limited, company number 04184676 and formerly known as Nobia Holdings UK Limited, entered administration on 3 August 2026. Joint administrators from Interpath were appointed.
Therefore, saying simply that “Magnet Kitchens has gone into administration” can be misleading. The legal position differs between individual companies within the corporate structure.
| Company | 2026 Position |
| Magnet Limited | Active and subject to a CVA |
| Magnet Group Limited | In administration |
| Wider Magnet retail operation | Continues trading through remaining locations |
A CVA is also different from liquidation. It is designed to allow a company to reach an arrangement with creditors while continuing its operations.
Who Owns Magnet Kitchens In 2026?
Magnet underwent a significant ownership change before the store restructuring.
In January 2026, Swedish kitchen group Nobia agreed to sell its UK operations to funds managed by Alteri Partners. The transaction was completed on 2 March 2026.
The deal included Nobia’s UK legal entities and the brands:
- Magnet
- Gower
- Commodore
- CIE
As part of the transaction, the buyer also assumed obligations connected with the leased UK retail network.
The ownership change provides important background to Magnet’s restructuring, although it should not automatically be treated as the direct cause of the later CVA or individual store closures.
Were Any New Announcements Made After The Magnet Store Closures Began?
Several important developments followed the original 30 June announcement.
The first affected store closure was confirmed in July. Creditors then approved Magnet Limited’s CVA on 20 July, allowing the property restructuring to proceed.
A further corporate development followed when Magnet Group Limited entered administration on 3 August.
The restructuring process has continued since then. On 24 September 2026, further corporate filings were recorded relating to Magnet Group Limited’s administration, including administrators’ proposals and a statement of affairs.
These developments mean information published immediately after the original June announcement may now be outdated.
The situation has progressed from a proposed CVA and proposed closure programme into an active restructuring involving store closures, an approved CVA and a separate administration within the corporate group.
Which Magnet Stores In Scotland Remain Open?
The Stirling closure does not mean Magnet has withdrawn from Scotland.
As of September 2026, Magnet’s Scotland showroom directory continues to show multiple operating locations.
These include:
- Inverness
- Clydebank
- Perth
- Glasgow Great Western
- Glasgow Haggs Road
- Coatbridge
- Dundee
- Ayr
- Dunfermline
- Galashiels
Other Scottish locations are also shown through Magnet’s showroom network.
Customers previously using Stirling should not assume that the geographically closest showroom will automatically take over an existing order. Magnet should confirm where an individual project has been transferred.
The continued operation of other Scottish locations also shows that the Magnet Scotland store closure relates specifically to Stirling rather than a complete exit from the Scottish market.
What Does The Stirling Closure Mean For Employees?
Magnet previously said employees affected by the restructuring would receive support and that alternative roles would be offered where suitable opportunities existed.
Possible outcomes for Stirling staff could have included redeployment, relocation or redundancy depending on individual circumstances and available roles.
The company did not publicly disclose a confirmed Stirling-specific number of job losses when the closure programme was announced.
Affected employees should keep copies of formal communications covering:
- Consultation: Details provided during the consultation process
- Alternative Roles: Information about suitable vacancies elsewhere in the business
- Redundancy: Any redundancy terms that apply
- Notice: Details of contractual or statutory notice
- Employment Records: Contracts, payslips and relevant company correspondence
The effects on individual employees can differ, so wider store closure figures should not be treated as confirmed Stirling redundancy numbers.
How Has Magnet’s Restructuring Developed During 2026?
Magnet has experienced several major corporate changes during 2026.
| Date | Development |
| 14 January 2026 | Nobia announced an agreement to sell its UK operations to funds managed by Alteri Partners |
| 2 March 2026 | Sale of Nobia’s UK operations was completed |
| 30 June 2026 | Magnet announced its CVA and plans to close 15 locations |
| 14 July 2026 | Watford Caxton Way became the first reported store to cease trading |
| 20 July 2026 | Creditors approved Magnet’s CVA with more than 90% support by voting value |
| 3 August 2026 | Magnet Group Limited entered administration |
| 5 August 2026 | Notice of Magnet Limited’s CVA taking effect was filed |
| 24 September 2026 | Further administration documents were recorded for Magnet Group Limited |
The timeline demonstrates why the latest position is substantially different from the initial reports published when the Stirling closure was first announced.
What Does The Future Look Like For Magnet In Scotland?
Magnet still maintains a meaningful showroom presence across Scotland, so the Stirling closure should currently be viewed as part of a wider estate reduction rather than evidence of a complete withdrawal from the country.
The approved CVA gives Magnet Limited a mechanism to reduce property-related pressures while continuing to trade. The company has also said its restructuring is intended to protect stronger locations and support a return to sustainable profitability.
However, the future will depend on several factors:
- CVA Delivery: Whether the agreed restructuring produces the expected reduction in property costs
- Remaining Stores: How strongly the continuing showroom estate performs
- Customer Confidence: Whether customers continue placing major kitchen orders during the restructuring
- Property Costs: Whether the smaller estate produces a more sustainable cost base
- Group Administration: How the separate Magnet Group Limited administration develops
- Investment: Whether the business can continue investing in products, showrooms and customer services
There has been no announcement that all Scottish Magnet stores are closing. Several Scottish showrooms continue to be listed with current opening hours and design appointment services.
What Happens Next For Magnet And The Stirling Store?
For Stirling, the key issue has shifted from whether the branch was proposed for closure to how former customers and orders are handled after the restructuring moved forward.
Customers with active projects should make sure they know which Magnet location now manages their kitchen, delivery, installation or aftercare.
For the wider business, attention will remain on the implementation of Magnet Limited’s CVA and developments in the separate Magnet Group Limited administration.
Further changes could involve corporate filings, property arrangements or updates to the showroom network. However, future store closures should not be assumed unless confirmed by Magnet or supported by reliable corporate information.
Frequently Asked Questions
Is Magnet Stirling Still Open In 2026?
Current evidence indicates that the Stirling showroom is no longer operating as a normal Magnet location. It is absent from Magnet’s current Scotland showroom directory, while an earlier Magnet page had already shown the branch as closed during July.
When Did Magnet Stirling Close?
Magnet has not clearly published a confirmed final trading date for Stirling. The branch was showing as closed on Magnet location information during July 2026 and is no longer included in the current Scotland showroom directory.
Are All Magnet Stores In Scotland Closing?
No. Stirling was the only Scottish branch included in the original 15-location closure programme. Magnet continues to list several operating Scottish showrooms, including Perth, Dunfermline, Dundee, Ayr and locations around Glasgow.
Which Magnet Stores Are Closing In 2026?
The restructuring covered 15 locations, including Stirling, Watford, Brighton, Blackburn, Andover, Dorking, Weymouth and other sites across England and Wales. Romford and York trade locations were also included.
Has Magnet Kitchens Gone Bust?
It is inaccurate to describe the entire Magnet business simply as having gone bust. Magnet Limited remains active and is subject to an approved CVA. A separate company, Magnet Group Limited, entered administration in August 2026.
What Happens To Existing Magnet Kitchen Orders?
Magnet said orders associated with closing locations would continue to be handled, with customers transferred to alternative branches where necessary. Customers should confirm who now manages their individual order.
Who Owns Magnet Kitchens In 2026?
Funds managed by Alteri Partners acquired Nobia’s UK operations in March 2026. The transaction included Magnet and other UK kitchen brands previously owned by Nobia.