A carpet company with five Nottinghamshire shops is 'taking steps' towards liquidation. The Little Carpet Company, which has shops in Gedling, Mapperley, Arnold, Wollaton and West Bridgford, has entered the process of voluntary liquidation.
A letter, which was sent on January 11, informed all known creditors the company's director was taking steps to place it into creditors' voluntary liquidation due to the company's 'financial position'. Begbies Traynor, a corporate restructuring firm, is assisting the director with this process, with insolvency practitioners to be appointed following the resolution to wind-up the company being passed by the members.
The letter outlined the director is required to seek a decision from the company's creditors on the nomination of liquidators, via a virtual meeting. The date for the creditors' decision is scheduled for February 2.