Axminster faces administration as it seeks a buyer
Almost four years to the day after being bought by wool supplier H Dawson, Axminster Carpets faces entering administration again.
It has filed a notice of intention to appoint administrators unless it can find a buyer.
The manufacturer fell into administration in March 2013 before management bought it the following month.
In February 2016 H Dawson bought the company, which later secured £3.75m in funding from Independent Growth Finance.
Jonathan Young, Axminster Carpets md (picturd) says he is ‘encouraged by the level of interest in investing in our brand.’