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57. Ulster Carpet Mills

  • Managing Director: Nick Coburn
  • Pre-tax profit: £8.2m
  • Employment: 664
  • Pay bill: £25.7m

Ulster Carpets is of Northern Ireland’s best-known family companies and specialises in luxury carpets for clients such as hotels and cruise ships.

But the firm has said it has suffered a hit during the Covid-19 pandemic from a fall-off in international travel, formerly important sources of business for its products.

The company has now entered a formal consultation period with employees and their trade union. It said up to 70 roles at all levels across the group were at risk. The company started a major capital investment programme in recent years.