Most of Carpetright’s £345m debts are unlikely to be repaid

Customers, suppliers, landlords and Microsoft are owed 213m, say administrators of collapsed retailer

Carpetright collapsed with debts of almost 345m, more than half of which are owed to customers, suppliers, landlords and other unsecured creditors who are unlikely to be repaid.

Administrators from PricewaterhouseCoopers, who were called in to the retailer this month, said unsecured creditors, including the technology group Microsoft and the carpet suppliers Condor and Betap, were owed 213m and that no more than 600,000 of that was likely to be repaid.