Mexborough firm making profit

United Carpets' chief executive, Paul Eyre.
United Carpets' chief executive, Paul Eyre.

A Mexborough carpets firm which went into administration last year has posted a profit in the first half of its financial year.

Bosses at United Carpets said the firm had stabilised after being dogged by store closure review last year, but they did not rule out further cutbacks.

The company, which has a large base on Rowms Lane and operates franchise stores nationwide, generated a revenue of £11.3 million for the six months to March 31 2013 and profit before tax was £250,000.

Paul Eyre, chief executive, said: “These results show we are beginning to move in the right direction, we have reduced the size of the business in response to a very tough market environment and currently operate from 61 stores.

“This number may reduce further as we increasingly focus on our core portfolio of stores capable of operating successfully in this market.

“We are pleased to report a profit for the period and we hope to build on this going forward.”

Chairman Peter Cowgill added the business has “established firmer foundations to meet the challenges of the current market environment.”