A national carpet and flooring retailer has confirmed today (Friday July 12) that it intends to appoint administrators.  

Carpetright currently employs 1,852 staff members in its 272 stores across the country – but its future remains uncertain.  

The retailer's four Cambridgeshire stores are in Wisbech, Huntingdon, Peterborough and Cambridge. 

Branches in March and St Neots closed last year.  

READ MORE: Carpetright store in March closes

The firm announced today (Friday) its intention to appoint administrators as it works to finalise additional investment and secure a long term future.  

Kevin Barrett, CEO of Nestware Holdings which owns Carpetright, said: “We remain focussed on securing external investment to ensure as few customers and colleagues are impacted as possible.  

“They are our main priority and we are taking all appropriate action to make sure they are informed and supported through this process.  

“We have begun promising conversations with interested parties that are moving in the right direction, encouraging us that Carpetright has a viable future." 

The company’s announcement also explained it experienced financial pressures following a software attack that disrupted trade in April. 

This subsequently had an impact on plans to restructure and has resulted in the company “seeking a period of protection whilst sale negotiations proceed.”