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Insolvency and Administration
08:20, 9 MAY 2022
Billionaire Issa brothers and Morrisons submit final bids for collapsed convenience retailer McColl's
Issa Brothers
The bids were submitted ahead of the 6pm deadline on Sunday
Bookmark
Asda-owning billionaire Issa brothers attempting to beat Morrisons to McColl's deal after administration confirmed
Insolvency and Administration
PwC is intending to sell the business to a third party 'as soon as possible'
Bookmark
McColl's convenience store chain on verge of collapse
Insolvency and Administration
The retailer has more than 1,100 shops and some 16,000 employees around the Ƶ
Bookmark
Park Holidays Ƶ acquires new sites in Cornwall and Scotland
Leisure & Touism
The latest acquisitions take the holiday operator's estate of parks to 43
Bookmark
Debts of almost £3m led to closure of wholesale arm of Real Housewives star Seema Malhotra's Forever Unique
North West
Firm led by Sandeep Malhotra hit by Covid crisis - but luxury fashion brand will continue selling direct to customers
Bookmark
Portishead bike company Haiko Cycling goes into liquidation - and ceases trading
Insolvency and Administration
The business had been planning to relocate in March and launch a new website - but is now being wound up
Bookmark
Deal to buy Clive Christian Furniture out of administration saves 66 jobs
North West
The company entered administration earlier this month
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How 'significant impact' of losing major Amazon deal led to collapse of logistics firm and loss of all jobs
North West
The company also had contracts with FedEx, Hermes, Yodel and DPD
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Liquidation plans for business that helped bring Liverpool ONE to life
North West
The move is set to be confirmed later this week
Bookmark
New owner of Welcome to Yorkshire website wants to save Tour de Yorkshire
Insolvency and Administration
Manchester-based firm Silicon Dales has acquired Yorkshire.com following Welcome to Yorkshire's collapse into administration
Bookmark
Midas deficit now tops £70m as it emerges housing arm has £10m shortfall
Insolvency and Administration
Implications of collapse of South West construction giant continue as it emerges Mi-Space is unlikely to satisfy £10m of claims following administration
Bookmark
Administrators for old Flybe look to claw cash from new Flybe
Insolvency and Administration
Administrators for old Flybe, now named FBE Realisations and with debts of £650m, monitor new Flybe Ltd as it starts services
Bookmark
Collapse of South West construction giant Midas sees unpaid debts likely to top £60m
Insolvency and Administration
New figures from administrators show vast number of claims have been submitted by creditors
Bookmark
John Pye auctioning off ex-display Sofa Workshop stock
Insolvency and Administration
Auction house will also handle the sale of Sofa Workshop’s trading name, website and further intellectual property
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Staff affected by collapse of £400m turnover Nottingham construction firm NMCN taking their case to tribunal
Construction
Buyers were found for a number of its divisions, securing 1,600 jobs but 80 jobs were lost
Bookmark
US businessman Chris Kirchner revealed as preferred choice to buy Derby County out of administration
Football League Championship
Any deal will only cover the club – with ownership of Pride Park stadium still up for discussion
Bookmark
Poundstretcher CEO reveals fate of eight JTF Mega Discount Warehouse stores
Retail & High Street
The discount chain had reopened stores and wanted to open another 15 following the acquisition last year
Bookmark
Administrators urge frustrated Derby County not to cause trouble during Saturday Pride Park fixture
Football League Championship
'Personal abuse, threats and public incitement that potentially break criminal or civil law are not acceptable”
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Yorkshire funeral plan firm Safe Hands collapses, putting services in doubt
Insolvency and Administration
Administrators have taken control of the Wakefield firm
Bookmark
Leicester pensions specialist Westerby Trustee Service buys Dorset-based Corporate & Professional Pensions out of administration
Finance
Broader Westerby Group’s total assets under trusteeship, administration and advice is now more than £1.5bn
Bookmark
Jobs saved at collapsed Stroud manufacturer after business sold
Deals
Autonumis had faced financial challenges during the pandemic, especially during the lockdown of the retail and hospitality sectors
Bookmark
Yorkshire.com website put up for sale by Welcome to Yorkshire administrators
Insolvency and Administration
Administrators of the former tourism agency are putting a string of assets up for sale
Bookmark
Next Derby County owner could be revealed this week
Football League Championship
Club administrators could 'be in a position to select a preferred bidder by the end of this week'
Bookmark
Team Derby consortium reveals frustration over slow progress in Derby County administration
Insolvency and Administration
Concern over survival of Derby County as well as 'impact of this continuing uncertainty on the wider community'
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