West Midlands firm shock: All jobs lost at 99-year-old family-owned carpet business as it ceases to trade
All staff at Kidderminster-based Adam Carpets Limited have been made redundant as the company ceases trading after 99 years.
All staff have been made redundant at a family-owned carpet business which dates back to 1926 after it ceased to trade. Administrators from Leonard Curtis have been appointed.
Joph Young and Conrad Beighton of Leonard Curtis were appointed joint administrators of Kidderminster-based Adam Carpets Limited on 20 March 2025.
The family owners made wool-rich carpet in the town for four generations and in 1982 had switched to tufting technology under the name Adam Carpets.
The administrators said that tough economic conditions had put pressure on the company and it had ceased trading.
Young said: "We are actively marketing the business and assets for sale, to include the company's former trading premises situated on a 6.5-acre site on the Birmingham Road, Kidderminster."
Managing director Chris Adam said: "It's with huge sadness for all the people involved that we are announcing Adam Carpets Limited ceased trading on Thursday 20 March 2025.
"Despite the best efforts of all our colleagues, the current economic environment means that UK consumers simply do not have the confidence in their finances to buy enough of our high-quality wool-rich carpet to make our business viable right now.
"The significant increase in taxes in the government Budget last October, as well as the April tax increases to come, both mean that this situation is getting worse.
"We therefore wish to thank suppliers, colleagues and customers for their support and enthusiasm for what we have made, sold and installed together across the generations and wish them well for the future."
All 50 employees have been made redundant.
"We are already assisting them to move forward with their plans for the future," added Adam.
Young said: "We will also be engaging an employee rights agent to support employees with their claims."