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United Carpets (Northern) Limited
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FCA Regulated
Licensed Insolvency Pratitioners
35+ years Experience
100+ 5* Reviews
Business and asset sale saves 73 stores and 2 warehouses from closure
United Carpets is one of the country’s leading retailers of carpets and flooring solutions. Its main subsidiary is United Carpets (Northern) Limited, which operates 73 shops across the UK.
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The Problem
Experts from the Preston office of Real Business Rescue (part of the Begbies Traynor Group) were approached due to concerns over a number of loss-making branches. United Carpets were also involved in disputes with their landlords who were unwilling to enter into discussions over their rental agreements.
“I completed the simple on line form, received the free guide by email immediately and then a call from Tom who was so very helpful. Highly recommend this service”
Pauline Whitehead
The Solution
Insolvency Practitioners from the Preston branch of Real Business Rescue were appointed joint administrators of United Carpets (Northern) and looked to secure a sale. Parent company, United Carpets Group, was approached to make an offer to buy its subsidiary out of administration.
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The Result
Real Business Rescue helped to facilitate the sale of the business and its assets to United Carpets Group which saved 73 stores, the head office site and its two warehouse locations in Doncaster and Derbyshire.
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