Zelf Hussain, Rachael Wilkinson, and Peter Dickens from PwC have been appointed as joint administrators.
On appointment, the joint administrators completed a sale of 54 stores and two logistics hubs to CWHP Ltd, part of the Tapi Group. The transaction included the transfer of 308 employees.
Carpetright is a British retail chain selling carpets, flooring and beds and is a subsidiary of Nestware Holdings Ltd.
Founded in 1988, the company operates across the UK and Ireland. Headquartered in Purfleet, Essex, it has 273 stores and 1,898 employees.
The administrators will retain employees at the company’s head office in Purfleet for a short time to support in winding down operations.
There will be immediate job losses of 1,018 individuals employed at sites which were not included in the transaction, and those providing in-home services, have had to be made redundant immediately on appointment.