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Latest News for 22 May 2013   
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SFP appointed as administrator for UK carpet firm - May 1, 2012

SFP has been appointed as administrator of Woven Carpets of Kidderminster Ltd after the firm encountered financial difficulties, leading to debts of £700,000.

 

Woven Carpets, based in Stourport-on-Severn, Worcestershire, is a designer and manufacturer of woven carpets. The company employs 69 people and has an annual turnover of approximately £3,500,000.

 

Simon Plant, group partner at SFP, said: “Woven Carpets experienced a reduction of orders which led to cashflow problems. The company is continuing to trade to maintain goodwill, and we are in talks with a number of potentially interested parties for the sale of the business and assets.”


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