Headlam Flooring in Crisis | Leicester News
Headlam Flooring hits rock bottom as it files for administration, laying off 154 workers and closing 28 trade counters nationwide. With 1300 employees and 76 trade counters in play, administrators from Interpath are now overseeing a brutal restructuring — including shutting down over a third of locations — while keeping 17 distribution centers and 48 trade counters alive. The company’s stock was suspended earlier this month amid cash crunches, worsened by rising costs and weak consumer confidence. Administrators are focused on refinancing debt, slashing costs, and supporting laid-off staff — all while hoping to rebuild trust with customers and suppliers to give Headlam a fighting chance at survival.
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