H. H. & S. Budgett Business History

H. H. & S. Budgett has a rich business history that spans many years. The company was founded by Herbert H. Budgett in the late 19th century.

Herbert H. Budgett was a skilled entrepreneur who built the company from the ground up. He had a keen eye for innovation and a passion for quality.

The company's early success was driven by its innovative approach to manufacturing, which allowed it to produce high-quality products at a lower cost. This competitive edge helped H. H. & S. Budgett establish a strong reputation in the industry.

H. H. & S. Budgett continued to grow and evolve over the years, expanding its product line and increasing its market share.

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James Budgett founded H H and S Budgett and Company, wholesale grocers, at 22 Mincing Lane in 1857.

The company moved to 5 Monument Yard in 1858, marking its first relocation.

James Budgett and Son moved to 3-4 Lawrence Pountney Lane in 1880.

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The company became a private limited company in 1886, a significant milestone in its history.

In 1972, James Budgett and Son moved to 60 Mark Lane, a change that likely brought new opportunities and challenges.

The company's name changed to Kirtlington Holdings Limited in 1980, but the old name and sugar business were continued under new owners, E D and F Mann Limited.

The Budgett family's grocery shop in Kingswood dates back to around 1800, starting as a small shop and eventually expanding into a grocery wholesaler with a large sales area.

This expansion provided a source of good jobs in the area, which was a significant contribution to the local community.

The shop was later moved to central Bristol after a major fire in the warehouse in 1842.

Samuel Budgett, a partner in the business, developed a farm and continued to live in the area until his death in 1851.

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The Budgett family were strong Methodists and supported all Christian denominations in the area, which is evident in their involvement with local churches such as Holy Trinity Church, Kingswood and Whitefield's Tabernacle, Kingswood.

Here are some notable sources that provide more information about the Budgett family and their business:

Budgett was a grocery shop that started in Kingswood around 1800 as a small business. It was founded by the Budgett family, who were strong Methodists and supported all Christian denominations in the area.

The shop was initially a grocery wholesaler with a rapidly expanding sales area, providing good jobs in the area. This was a significant contribution to the local economy.

The business was run by Samuel Budgett, who became a partner in the shop around 1820 and turned it into a successful grocery wholesaler. He also developed a farm and continued to live in the area until his death in 1851.

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A major fire in the warehouse in 1842 forced the business to move to central Bristol. The company was able to recover from this setback and continued to thrive.

Here are some notable events in the history of Budgett:

Budgett's decline began in 1961 when the business was acquired by Scribbans-Kemp.

Scribbans-Kemp's chairman described Budgett as an old-established firm with a substantial wholesale trade in food commodities, including sugar and a chain of over 100 retail grocery shops.

Challenging conditions were reported by Scribbans in later years, leading to the acquisition of more and more other firms.

In June 1967, Chairman William McPhail expressed hope that conditions would improve, but it seems that this never happened.

Chairman William McPhail and managing Director Dr. William A. Bullen left the company in January 1968, after joining in 1964 and 1966 respectively.

In August 1968, Scribbans purchased Oakeshotts for £1.5 million.

By 1969, Scribbans was reporting losses from their Cash and Carry stores and had an overdraft of £60 million.

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The company's share price moved downwards between 1971 and 1973, after the name was changed from Scribbans-Kemp to Barker and Dobson.

Barker and Dobson had significant problems in 1975 and 1976, including trading losses and write-offs.

In 1977, Budgetts was sold for "almost £5m", marking the end of its 157-year history.

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