Allied Carpets

Allied Carpets the floor coverings retailer became insolvent in 2009 after Administrators Lazard (the investment bank) declared the company bankrupt. The company went into administration after falling sales due to the recession. In addition to this, the housing market was also moving at a slow pace meaning less household items were being bought. It was sold to Floors-2-go in 2012 as part of a pre-pack administration deal.

• Administrators: Lazard (the investment bank)
• Year Founded: 195os
• Total Number of Employees: 1,500
• Number of Jobs Lost: 41
• Number of Retail Shops: 217
• Managing Director/CEO: Ray Nethercott

...2019: Allied Carpets has disappeared from the retail world with no trace of it online or in bricks and mortar.