Have Allied Carpets Gone Into Administration

The bbc and others are reporting that allied carpets has gone into administration.

Have allied carpets gone into administration.

Allied carpets the self styled household name for carpets has been placed in administration leaving 1 100 jobs at risk. By rachel cooper 17 july 2009 15 36 pm. More than 140 stores put up their shutters in 2009 when it first collapsed. Flooring firm allied carpets was today placed into administration putting about 1 100 jobs under threat.

On 17 july 2009 it was announced that the company allied carpets properties had entered administration. Allied carpets has gone into administration as the stagnating housing market led to a fall in demand for carpets and flooring. Some 400 jobs have been saved with a pre pack administration according to the story. But 51 of its 217 stores and its insurance inspection business have.

Administrators for the firm said they had immediately sold 51 stores and allied carpets insurance. No not at all odd. Allied carpets in harrogate 2008 in december 2008 it appointed lazard the investment bank to find a buyer for its stores. Allied was one of several high profile chains to fall into receivership during the recession of this time.

Allied carpets has been placed into administration putting about 1 100 jobs under threat. Allied carpets has gone into administration but like many retailers it has suffered in recent months because of a downturn in spending leaving up to 1 100 staff in danger of. Allied carpets goes into administration flooring company allied carpets has been placed into administration putting 1 100 jobs at risk.