Allied Carpet Properties has been placed into administration, and 51 of its stores have been immediately sold to Allied Carpets Retail.

BDO Stoy Hayward has been appointed administrator today to Allied Carpet Properties. After the appointment, the 51 stores and Allied Carpets’ insurance inspection business were sold to Allied Carpets Retail. The disposal protects around 400 jobs. The remaining 217 stores will be traded until a buyer is found.

It is hoped some additional stores will also be acquired by the new business over the next two weeks, subject to ongoing negotiations with existing landlords.

Customer deposits have been safeguarded, and outstanding orders, will be fulfilled from all stores.

Dermot Power, BDO Stoy Hayward business restructuring partner, said: “Allied Carpets is a well established brand in the marketplace but like many companies, has suffered because of the economic climate and difficult trading conditions.

“The stagnation of the housing market has meant that fewer people are buying carpets and flooring. We’re pleased to have safeguarded the future of 51 stores and more than 400 jobs. We are currently working to secure a going concern sale of the remaining stores in the Allied Carpets portfolio. Customers who have any questions about purchases should contact their local store.”

Clive Hutchings, CEO at Allied Carpets Retail Limited and Allied Carpets Inspections, said: “I am pleased that we have secured the future of the Allied Carpets brand through this sale and have the working capital to provide continuity and security for our customers and a significant proportion of staff.

“Allied Carpets is a good business, and through this sale and additional funding, both the retail and inspections businesses now have the opportunity to strengthen their respective market positions, build on the Allied brand and ensure an ongoing commitment to unrivalled customer service”.

Stores bought by Allied Carpets Retail as part of the deal

AberdeenDenmore Road, Bridge Of Don Unit A Newton Of Murcar, Aberdeen, AB23 8JW
AberdeenUnit 2, Section 2, Muir End Road, Portlethen., Aberdeen, AB12 4XP
AylesburyUnit 7, The Junction Retail Park, Cambridge Close, Aylesbury, HP20 1DG
BecktonGateway Retail Park, Claps Gate Lane, Beckton, E6 65F
Bedford7, St. Johns Retail Park, Rope Walk, Bedford, MK42 0XE
BridgendUnit 3, Waterton Retail Park, Bridgend, CF31 3YN
Brixton76 Brixton Hill, Brixton, SW2 1QW
BurtonUnit 2, Centrum East Retail Park, Wellington Road, Burton, DE14 2WG
Cannock - BridgtownUnit 5A, Wyrley Retail Park, Vine Lane, Bridgetown, Cannock, Cannock, WS11 0XF
CardiffUnit 2A Brooklands Retail Park, Port Road, Culverhouse, Cardiff, CF5 6AB
ChesterfieldUnit 2b , Markham Retail Park, Markham Road, Chesterfield, S40 1SR
Chippenham55 New Road, Chippenham, SN15 1ES
Colchester NewUnit 8, The Tollgate Centre, Colchester, CO3 8RG
DumbartonUnit 3, St. James Retail Park, Glasgow Road, Dumbarton, G82 1RB
DunfermlineCarnegie Retail Park, Carnegie Drive, Next to B&Q, Dunfermline, KY12 7AU
EdinburghUnit 7, Eastern Industrial Estate, 76 Newcraighall Road, Edinburgh, EH15 3HS
ElginUnit 1A, Springfield Retail Park, Edgar Road, Elgin, IV30 1EA
Epsom NewUnit R4, 2-6 Church Street, Epsom, KT17
Fareham160 Southampton Road, Locks Heath, Fareham, Hants, Fareham, PO14 4PP
FarnboroughUnit 6, Solartron Retail Park, Farnborough, GU14 7QL
Glasgow (GWR)Great Western Retail Park, Great Western Road, Glasgow, G15 6SA
HarlowSt. James Retail Centre, Edinburgh Way, Harlow, CM20 2SX
Hedge EndUnit 1, Centre 27 Retail Park, Wellington Way, Hedge End, Southampton, Hedge, SO30 2QY
InvernessUnit 2A, Telford Street, Inverness, IV3 5LU
LoughboroughUnit 3, Willowbrook Retail Park, Derby Road, Loughborough, LE11 5HG
Poole NewUnit C10, Commerce Centre,, Poole, BH12 1DN
PortrackUnit 4, Portrack Retail Park, Cheltenham Road (by Ascot Drive), Portrack, TS18 2SA
PrestwickMFI Buildings, Heathfield Industrial Estate, Prestwick, KA8 9DJ
ReadingUnit 2, Small Mead, Reading Gate Retail Park, Reading, RG2 0QG
RugbyUnit B3 (B), Elliotts Field Retail Park, Leicester Road, Rugby, CV21 1SR
Salamander St.126 Salamander Street, Salamander, EH6 7LA
South RuislipUnit A, Brook Retail Park, 664 Victoria Road, South, HA4 9AA
SpaldingUnits B & C, Holland Park Winfrey Avenue, Spalding, PE11 1RQ
SwindonUnit 2A Mannington Retail Park, Mannington Roundabout, Telford Way, Swindon, SN5 8WA
UddingstonUnit 2, Birkenshaw Industrial Estate, Rannoch Road, Uddingston, G71 5PR
Watford NewUnit 1A, Colne Valley Retail Park, Watford, WD17 2JG
YeovilUnit 2, Lysander Road, Yeovil, BA20 2BT
Derby (M/C)Unit 3A, Meteor Centre, Mansfield Road, Derby, DE21 4SY
EdmontonUnit 1, Eley Road, Off Angel Road, Edmonton, N18 3BH
HollowayNew Holloway Arcade, Holloway Road, Holloway, N7 0RY
Putney225-231 Upper Richmond Road, Putney, SW15 6SJ
Cardiff475 Newport Road, Cardiff, Cardiff, CF23 9YB
Edinburgh50 Seafield Road, Leith, Edinburgh, EH6 7QL
YorkFoss Island Road, Layerthorpe, York, YO31 7UP
Blackpool198 Cherry Tree Road, Marton, Blackpool, FY4 4TH
LewishamLoampit Vale Lewisham, Lewisham, SE13 7TE
North Harrow545 Pinner Road, North Harrow, HA2 6EQ
SunderlandRoker Avenue Sunderland , Tyne & Wear, Sunderland, SR6 0BN
Tottenham638 High Road, Tottenham, N17 0AA
Walworth R;15 - 21 Camberwell Road, Walworth, SE5 0EX
Weston-S-MarePhillips Road, Winterstoke Trading Estate, Weston-Super-Mare, BS23 3YR