Carpetright takes step towards collapse with 1,850 UK jobs at risk

One of the UK’s biggest floorings retailers is just one step away from a collapse that would place 1,852 jobs at risk.

Cash-strapped Carpetright confirmed it had filed a notice of intention to appoint administrators.

The loss-making firm said in a statement, however, that it was still working towards a reprieve.

Parent firm Nestware Holdings stated it was trying to “finalise additional investment” to secure Carpetright’s long-term future but suggested that some job losses were inevitable whatever the outcome.

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Nestware chief executive Kevin Barrett said: “We remain focused on securing external investment to ensure as few customers and colleagues are impacted as possible.

“They are our main priority and we are taking all appropriate action to make sure they are informed and supported through this process.

“We have begun promising conversations with interested parties that are moving in the right direction, encouraging us that Carpetright has a viable future.”

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