The floorcoverings giant, which last year underwent a CVA, reported a statutory pre-tax loss of £24.8m in the year to April 27, down from £69.8m in 2018. Underlying EBITDA was £2.9m – which Carpetright said was in line with expectations – versus £7.1m the previous year.

Group revenue slid 13.4% to £386.4m during the year.