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Insolvency and Administration
13:41, 28 DEC 2022
Documents show Joules was almost £114m in the red when it called in administrators in November
Insolvency and Administration
Retailer has since been bought out of administration by founder Tom Joules and high street giant Next
Bookmark
Joules, Roll-Royce, Raleigh, Derby County and Boots: 20 of the most read East Midlands stories of 2022
East Midlands
Stories about Boohoo, Octopus Energy, Poundstretcher, Next and Marks Electrical also proved popular
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Over £3m owed by bar and restaurant owner backed by Real Housewives of Cheshire star Lystra Adams when it collapsed into administration
North West
The company had ran three venues in Liverpool, Manchester and Chester
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Prospective home owners owed £4.4m face extension to five-year wait after company's administration
North West
Construction at the Salford Quays site was initially expected to be completed in 2018
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Somerset horse feed company sold out of administration, saving jobs
Insolvency and Administration
The business fell into difficulty following the rise in price of raw materials and a shortage of supplies caused by the war in Ukraine
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New owner for Garden Trading Company following split from Joules, securing 50-plus jobs
Retail & High Street
It was founded in 1994 and takes inspiration from both the British countryside and city lifestyle trends
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Creditors of collapsed Testerworld come forward but likely to lose more than £28m
Insolvency and Administration
Administrators of the failed drugs supplier say there is unlikely to be funds available to meet claims
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Over £4.5m owed by inflatable hot tub seller Clever-Company after entering administration
North West
Some 25 staff members were made redundant when the company entered administration
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Potential buyers circle landmark four-star hotel in administration
North West
Bliss Hotel remains open and none of the 90 members of staff have been made redundant
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Potential new owner comes forward for Burleighs Gin
Insolvency and Administration
Hoped a sale will be reached by Christmas with Burleighs starting 2023 under new ownership
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Administrators called in at Burleighs Gin
Insolvency and Administration
Burleighs stopped sales from its website a month ago and now Begbies Traynor have been called in
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Jobs lost as Mold Systems in County Durham collapses for second time
Insolvency and Administration
The maker of high precision injection molded tools for a range of industry has ceased trading
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Craft brewery founders 'heartbroken' after company falls into administration
Insolvency and Administration
Wild Beer Co, which is based in Somerset but also has a taproom in Bristol, said it had been facing "adverse trading conditions"
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Over £18m owed by landmark four-star hotel as it collapsed into administration
North West
The hotel remains open as a buyer is sought
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The 19 Joules stores closing under its new owners
Retail & High Street
Next becomes the majority shareholder under the joint partnership with founder Tom Joule
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1,450 jobs saved as Next and Tom Joule join forces to buy Joules out of administration
Insolvency and Administration
£34 million deal will keep around 100 stores in business open - but some jobs will be lost
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Redundancies at Joules HQ as search for buyer continues
Retail & High Street
Wider consultation with 1,600 staff is also underway
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Tyne Bank Brewery collapsed with liabilities of £350k as crowd investors set to lose out
Insolvency and Administration
The brewery - which has now been rescued from closure - ran into difficulties when trade did not recover to pre-Covid levels
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Historic Salisbury garage and car showroom forced to close
Insolvency and Administration
Rex Garage had been struggling with ongoing difficulties caused by the pandemic and the cost-of-living crisis
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Bristol media company Wildfire collapses into administration
Insolvency and Administration
Wildfire Media was behind a number of publications including Independent Education Today and University Business
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Insolvency body R3 warns of threats to North East businesses
Insolvency and Administration
The trade body was speaking after a big surge in both corporate and personal insolvencies
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Tyne Bank Brewery acquired out of administration with plans for events focus
Leisure & Touism
New owners Olly Bennett and Matt Daniels will keep trading the brewery but plan to make changes at its Walker Road venue
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Joules administrators say there has been ‘overwhelming’ interest from potential buyers
Insolvency and Administration
Country casuals brand had spent months trying to attract investment after seeing sales and profits falling and costs rising
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Four-star Signature Living hotel in administration put up for sale
North West
Hotel dedicated to legendary footballer William Ralph 'Dixie' Dean remains open for business as agent CBRE says expectations are 'extremely positive'
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