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  1. ITV Report

Historic Devon carpet maker Axminster Carpets searches for buyers to save business

Credit: ITV News West Country

One of the oldest carpet makers in the country - based in Devon - is trying to find buyers for the business.

Axminster Carpets has filed a notice of intention to appoint administrators.

The company says its focus remains on securing a sustainable future.

If it is forced into administration, 90 jobs could be at risk.

90
jobs could be at risk if the company is forced into administration.
Credit: ITV West Country

The historic business has supplied carpets for Buckingham Palace and the US House of Representatives.

But last year it announced job losses, citing "uncertainties around Brexit" as being a core factor in the decision.

Credit: ITV West Country

The company says it is "working to find buyers for the business as a going concern".

A spokesperson said: "We have filed a notice of intention to appoint administrators which provides the company with the required protection as we work towards a going concern solution.

"As part of the restructure that we confirmed last year our focus remains on securing a sustainable future for Axminster Carpets."

This is important for the local town, our employees, customers, suppliers and consumers who value the quality of craftsmanship.

– Axminster Carpets spokesperson