BDO Stoy Haywood ready as Allied Carpets face Adminstration
Allied Carpets Properties has filed a notice of intention to appoint an administrator, understood to be BDO Stoy Hayward, Retail Week revealed.
It is unclear whether an administration of the property division would impact on Allied’s core retailing operations. The business is in private equity hands after being bought by Sigma Capital in March, a fund backed by Hilco.
Allied Carpets is the UK’s second largest floorings retailer. It is currently in the final stages of completing debt refinancing and is …
Allied Carpets Properties has filed a notice of intention to appoint an administrator, understood to be BDO Stoy Hayward, Retail Week revealed.
It is unclear whether an administration of the property division would impact on Allied’s core retailing operations. The business is in private equity hands after being bought by Sigma Capital in March, a fund backed by Hilco.
Allied Carpets is the UK’s second largest floorings retailer. It is currently in the final stages of completing debt refinancing and is also undertaking a strategic review.
July 10, 2009
Weren`t Allied Carpets one of the main corporate donors to the Tories in the 1990`s ? There is a God !
July 22, 2009
Ther’s always one prat to leave a silly coment. Wanker
Some of us have work with Allied and are still waiting for money to come though.