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Insolvency and Administration

Welsh start-up numbers rocket in Q1 2022 - but insolvency activity also on the rise
Wales
The number of start-ups rose from 372 in January to 2,116 in March this year alone
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Best Western hotel enters liquidation owing almost £1m
Hotels
The hotel has been closed since towards the start of February
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Urban Splash joint venture enters administration with 160 people made redundant
Insolvency and Administration
The group owns a number of development sites and a modular building factory in Alfreton, Derbyshire
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Bleiker's Smokehouse collapses into administration as food fraud investigation launched
Food and Drink
The Northallerton brand which supplied smoked salmon products suffered the withdrawal of a major contract with Aldi
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22 South West companies go bust as Ukraine war and rising prices hit business
South West
Firms across the region are coming under "ever-increasing pressure", according to business advisory firm Interpath
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Derby County deal could be done soon, but stadium issues still not resolved
Insolvency and Administration
Administrators say former club owner Mel Morris 'shares everyone’s desire' to get a new owner in
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Morrisons confirms deal to rescue McColl's and save all 16,000 jobs
Insolvency and Administration
Final bids had been submitted by Morrisons and EG Group ahead of the Sunday deadline
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Morrisons beats Asda-owning billionaire Issa brothers to rescue McColl's and save all 16,000 jobs
Retail
An initial offer from Morrisons had been rejected last week
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Smiths News 'considers options' amid McColl's administration
Retail & High Street
The Swindon-based newspaper and magazine wholesaler serves around 600 McColl's stores
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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
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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'
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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 º£½ÇÊÓƵ
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Park Holidays º£½ÇÊÓƵ acquires new sites in Cornwall and Scotland
Leisure & Touism
The latest acquisitions take the holiday operator's estate of parks to 43
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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
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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
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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
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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
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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
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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
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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
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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
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