Floors-2-Go

Floors-2-Go was a wood flooring retailer in the United Kingdom, established in 1999. In 2012, the company's affiliates took over Allied Carpets in a pre-pack administration deal.

History
Floors-2-Go was founded in 1999 as a family business, with the first store opening in Birmingham. In 2004, the firm floated on the London Stock Exchange. This saw the firm evolving from cash-and-carry (wholesale)-type warehouses to retail superstores.

In 2005, Floors-2-Go opened its first stores in Northern Ireland. Later that year, the company announced plans to expand to around 350 stores.

In 2007, Floors-2-Go was sold for £52.4 million to its directors and private equity firm Alchemy Partners, at which point it ceased trading on the London Stock Exchange.

Administration
In 2008, the firm entered administration for the first time, with its business hit by a slump in the housing market. The administrators, Kroll immediately closed 41 of the group's 132 stores, resulting in 97 redundancies from a workforce of around 450.

The firm was saved but entered administration for a second time in 2011. Senate Recovery, the administrators, closed a further 53 stores, but retained 35.

In 2014, the business entered administration for the third time. MB Insolvency were appointed administrators, and made a further reduction in the number of stores and staff... However, the business re-entered administration the following year, this time with a jail threat to the brothers who owned the chain.

The company was eventually dissolved in 2017.