The Floor Room Goes Into Administration Following Carpetright Collapse

The Floor Room, the flooring business with its main client being carpet retailer Carpetright, has gone into administration. The company traded out of 34 John Lewis stores and employed 196 people.  PwC the appointed administrator has made the majority redundant with some retained in head office to help close the business.

Carpetright was bought in a rescue deal by rival Tapi, but will still be shutting more than 200 stores and cutting more than 1,000 jobs.

Adam Seres, joint administrator at PwC UK, said The Floor Room “depended on its sister company, Carpetright, for much of its trading infrastructure”, and that the firm’s “financial position meant that it was impossible for the business to continue trading”.

The Floor Room is owned by Nestware Holdings, a flooring group which was also the parent company of Carpetright prior to its collapse.

Mr Seres added: “It is with sincere regret that this outcome has had to result in the redundancies of the majority of employees. We are committed to helping those affected and will work hard to ensure redundancy claims are processed as quickly as possible.

“We know this is an unsettling time for many of those affected, and want to thank all the staff for the support they have given the company in these difficult circumstances.”