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Insolvency and Administration

Brakes firm Surface Transforms files administration notice and warns on job cuts after GM contract loss
North West
Knowsley firm hires restructuring advisers and starts 'cost rationalisation exercise'
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US group named as preferred bidder for Sheffield Wednesday
Insolvency and Administration
Billionaire businessman David Storch is leading the bid
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Welsh energy consultancy firm collapses into administration with nearly 140 job losses
Insolvency and Administration
Cardiff-based Amber Energy Solutions had been experiencing cashflow problems
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Machinery and assets from collapsed construction firm are going up for auction 
Insolvency and Administration
Properties in Stoke and Warrington were already set for sale
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Hook and Line restaurant at Royal William Yard enters liquidation with £355,000 debts
Insolvency and Administration
The Plymouth seafood restaurant closed late last year owing money to staff, unpaid tax and a Covid bounce back loan
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More than 150 jobs lost as East Yorkshire maker collapses into administration
Insolvency and Administration
Administrators confirm the Goole-based emergency vehicle manufacturer has shut down after more than 30 years
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Hundreds of jobs saved as ambulance firms sold in pre-pack deal
Insolvency and Administration
RSM advised on deal for Spark Medical and Medi 4 Ambulance Services
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Engineering company delists from AIM
Engineering
Versarien collapsed into administration last month after running out of cash
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National Timber Group's £17m debt disclosed as Arnold Laver Hull site rescued
Insolvency and Administration
The former parent company of Hull timber business Arnold Laver owed creditors more than £17m when it collapsed, the new documents show
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Yorkshire and Humber sees one of º£½ÇÊÓƵ’s biggest falls in insolvency activity
Insolvency and Administration
The fall was the second highest in the º£½ÇÊÓƵ, only topped by Greater London
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Rise in the number of business failures in Wales
Banking & Finance
Insolvency and restructuring trade body R3 has also released new data on business start-ups in Wales
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Jobs saved in sale of recruitment firm Zenith People which collapsed amid financial pressure
Insolvency and Administration
A report shows creditors are owed an estimated £4.39m
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Bars giant Revel Collective files notice to appoint administrators as sale talks continue
Insolvency and Administration
Group operates Revolution bars as well as Revolucion de Cuba and Peach Pubs
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All jobs lost at popular Yorkshire retro fashion firm as administrators are appointed
Insolvency and Administration
The B-Corp was known for its nostalgic styles and celebrity collaborations and focused on 'slow fashion'
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Cornwall Airport owed £1.5m by Eastern Airways after administration
Insolvency and Administration
It is understood the transport hub is unlikely to recover the money owed
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Claire's 'didn't evolve fast enough' to battle online rivals like Temu, experts say
Retail & Consumer
Retail experts warn more high street brands could fall into administration as online platforms reshape º£½ÇÊÓƵ shopping habits
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AIM-listed engineering firm Versarien appoints administrators after turbulent year
Insolvency and Administration
The Gloucestershire-based company has been running out of cash for months
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Lindsey Oil Refinery to be sold to Phillips 66 but operations will not resume
Energy
Phillips 66 Limited wins bid for North Killingholme refinery assets from Official Receiver, with integration into Humber Refinery operations and no restart planned
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º£½ÇÊÓƵ economy facing 'zombie apocalypse' as thousands of businesses expected to fail
Economy
Resolution Foundation warns º£½ÇÊÓƵ faces 'triple whammy' of rising interest rates, energy prices and minimum wage increases
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Pressure on high-street shops and restaurants ‘likely to intensify’ in 2026
Insolvency and Administration
Sector experts have told the Press Association that they expect insolvencies to continue to rise this year
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The high street chains that shut stores in 2025
Retail & High Street
A raft of major brands have been forced to close branches as the retail sector continues to face tough trading conditions
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Premier Forest Products has acquired two Arnold Laver sites out of administration
Enterprise
Arnold Laver was a brand of National Timber Group England, which filed for administration in November
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Bristol window and door specialist founded nearly 50 years ago ceases trading
Insolvency and Administration
The company had struggled to meet its financial obligations amid rising costs and competitive pricing pressures
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Leon to shut sites and axe jobs as it enters administration
Food and Drink
The fast-food chain will close a number of branches and reduce its workforce as part of a turnaround plan
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