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Insolvency and Administration

Brewery collapses increase amid range of pressures on independents
Food and Drink
Research nationally follows prominent North East beer makers becoming insolvent
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Firm behind Real Housewives of Cheshire star Seema Malhotra's Forever Unique collapses into liquidation
North West
Forever Unique brand remains open as Begbies Traynor said 'all options had been explored' to keep trading company open
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Bristol cleaning business bought out of administration, saving 70 jobs
Deals
Proficient Cleaning was established in 1994 and provided cleaning services and solutions for commercial clients across Bristol
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Bristol jobs saved as software firm rescued from administration
Deals
Administrators said the business had faced ‘significant challenges’, including working capital constraints relating to ‘several Russian customers’
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Revealed: Manchester Giants sold out of administration as league takes control
North West
A new investor is currently being sought to buy into the franchise
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Virgin Orbit files for bankruptcy in the US as it looks for sale
Aerospace
Sir Richard Branson’s American satellite launch firm announced hundreds of job cuts last week months after it attempted to shoot a rocket into space from Spaceport Cornwall
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Almost £40m owed by DeTrafford firm behind high rise as it collapsed into administration
North West
Only £8.5m is expected to be returned to creditors, BDO has estimated
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Bristol windows firm goes into liquidation after almost 50 years
SMEs
Family run West-End Windows in Bedminster was originally founded in 1975
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Over 100 jobs lost at loan provider Auden Group as it enters administration as CMA issues warning
North West
FRP said it had been hired after the business' level of lending was not able to sustain its operational cost base
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Sunderland audio visual firm CTBO Ltd bought out of administration by founder
Insolvency and Administration
10 jobs have been secured in the move
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South West insolvency-related activity reaches 11-month high - according to new research by R3
Insolvency and Administration
R3’s analysis of data provided by Creditsafe shows there were 151 cases of insolvency-related activity in the South West in February
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Finchale Training College liquidated as no rescue buyer found
Insolvency and Administration
The charity had helped thousands of people over 80 years
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Next acquires Cath Kidston for £8.5m
Retail & High Street
Next said it had agreed to acquire the brand name, domain names and intellectual property of CK Acquisitions Ltd
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Almost £4m owed by children’s arts and crafts maker as it collapsed into administration with the loss of 30 jobs
North West
The company has since been sold to a competitor
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Black Storm Brewery calls in administrators as HMRC talks break down
Food and Drink
A buyer is now being sought for the North Shields-based brewery which also citied soaring costs and closures of trading partners as reasons for the move
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Dragons' Den contestant says business 'may have to close down' - but vows she will not give up without a fight
SMEs
The Wiltshire-based founder of a social enterprise that makes cleaning products had secured an £80,000 investment on the BBC series during an episode broadcast in January
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Screwfix buyout deal saves 400 Birmingham jobs
West Midlands
Connect Distribution Services can look forward to new chapter after administration
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Bikes and cycling accessories valued at £35m going under the hammer after Moore Large & Co goes bust
Retail & High Street
John Pye selling 35,000 bikes and £10m of accessories after Moore Large called in administrators
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Company behind The Naked Deli liquidated amid 'restructure' that will keep three cafes open
Food and Drink
Three of the firm's outlets in Gosforth, Heaton and Newcastle city centre will remain open
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North East sees huge jump in insolvencies in February amid high-profile collapses
Insolvency and Administration
Last month's level was the highest it has been in nearly a year
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Burleighs Gin set for relaunch after new owner steps in
Food and Drink
Burleighs relocating to new premises in the coming months with plans to re-establish its Gin School experience
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Dozens of jobs lost as Derby bike supplier goes under
Insolvency and Administration
The majority of the 100-plus workforce at Moore Large have lost their jobs
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Covid-19 testing firm Circular 1 Health enters administration
North West
The company made over £6m in profit during its first year
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Administrators issue updates on potential sales of four Signature Living hotels
North West
Each business operated separately from one another, but were all part of the wider Signature Living family of companies
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