skip to main content
  • *
  • *
Find Insight DIY on
* * *


Trading in shares of United Carpets suspended

TRADING in shares in United Carpets was suspended today.

The company announced it had closed six stores with a further eight set to close in the coming weeks. Further closures may follow depending on negotiations with landlords.

The Rotherham-based group also confirmed 17 franchised stores have been returned to the group or refranchised.

United Carpets has taken the decision to push back the next publication of its financial results to the end of September so it can present a "truly representative picture of the group's ongoing operations".

Moving the date means it will not meet the AIM market's rules on publishing its results for the year to the end of March by the end of September leading to the suspension of its shares.

United Carpets last month announced a review of its operations in the face of ongoing tough trading conditions.

Source : James Reed –, Yorkshire

24 August 2012
view more UK DIY News

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

Paul Boyce - European CEO, QEP Ltd.

Don't miss out on all the latest, breaking news from the DIY industry