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Carpetright has introduced a statutory pre-tax loss of £70.5m for the 12 months ending April 2018, having made a small revenue 12 months earlier.
Like-for-like gross sales within the UK fell by three.6%, with the steepest decline coming within the second half of the 12 months.
The ground overlaying agency launched a Company Voluntary Arrangement (CVA) in April as a part of a rescue plan which allowed it to shut some shops.
Chief government Wilf Walsh stated the CVA provided the possibility to rebuild the agency.
"This will be a transitional year for the group as we work through our recovery plan," he stated.
Mr Walsh defined that going ahead, the corporate was going to deal with 4 areaswho it's, what it sells, the way it sells and the place it sells.