Troubled flooring retailer Floors-2-Go has refuted suggestions that it is having financial problems, as regional director Jim Laird insists that the business is "going from strength to strength".
Speaking to DIY Week this week, Mr Laird said that CCJs totalling more than £9,000 recorded against the trading business F2G Retail Sales pertain to the previous company that owned the Floors-2-Go chain, which went into administration in 2014.

As a result, Mr Laird added that they are in the process of getting the CCJs reversed. He also explained that rumours that Floors-2-Go had had its credit card facilities withdrawn are untrue and that, while an agreement with the old company has terminated, the new owners have entered into a new contract with another credit card provider.

Flooring chain Floors-2-Go appointed administrators for the third time in six years last July, with the parent company, Nixon & Hope Ltd, owing thousands to creditors. At last count, CCJs recorded against the company total more than £180,000, while reports at the time suggested that trade creditors looked to be owed more than £3.5m.

F2G Retail Sales Limited, which was incorporated on May 30 last year, became Floors 2 Go's new parent company, reportedly backed by Hong Kong investment group Epic Holdings.

Mr Laird assured DIY Week: "There are no financial troubles. There is no need for our customers or suppliers to worry. We only took over the business on July 4 last year. We are supplying all outstanding customer orders and the business is going from strength to strength."

Read the full story in the February 6 issue of DIY Week.