Floors-2-Go

This saw the firm evolving from cash-and-carry (wholesale)-type warehouses to retail superstores.

[4] 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.

[5] In 2008, the firm entered administration for the first time, with its business hit by a slump in the housing market.

[6] The administrators, Kroll immediately closed 41 of the group's 132 stores, resulting in 97 redundancies from a workforce of around 450 [citation needed].

MB Insolvency were appointed administrators, and made a further reduction in the number of stores and staff...[8] However, the business re-entered administration the following year, this time with a jail threat to the brothers who owned the chain.