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Insolvency and Administration

Scandal-hit Welcome to Yorkshire calls in administrators after Covid crushed hopes of resurgence
Leisure & Touism
Legacy issues led to incredibly difficult three years said chair
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Huge scale of Midas debts revealed following construction firm's collapse
Insolvency and Administration
More than 1,700 creditors have made claims but administrators admit they unlikely to be paid
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Plymouth care home goes into liquidation blaming Covid and staff shortages
Insolvency and Administration
The Oasis Care Home Ltd charged up to nearly £1k a week for residents but was hit by 'intolerable pressures' during pandemic and has appointed liquidators
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Timeline to collapse: how it all went wrong for South West construction giant Midas
Insolvency and Administration
Exeter-headquartered company's demise blamed on Covid, inflation and lost contracts and sealed when bank cancelled overdraft as subcontractors went unpaid
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Stricken South West construction giant Midas leaves debts of £22m
Insolvency and Administration
Administrators reveal huge scale of cash owed after Exeter-headquartered firm went belly up - with unsecured creditors unlikely to be paid
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Huge rise in compulsory liquidations as creditors take action over debts
Insolvency and Administration
Restructuring trade body R3 in the South West says creditors are getting active after being legally prevented from doing so during pandemic
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Developer High Street Group had liabilities of £211m as it went into administration, documents show
property news
The Newcastle-based group was behind the Hadrian's Tower apartment block and a number of high profile developments
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Plymouth's Eliot Design & Build leaves debts of nearly £4m after going bust
Insolvency and Administration
Construction firm ceased trading in late 2020 but scale of creditor claims is now becoming evident with most unlikely to receive cash
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Nationwide looks at options after Midas collapse stalls £50m Swindon housing scheme
Insolvency and Administration
Developer in urgent talks with administrators after work halts on Oakfields housing scheme in Swindon
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Derby County and Middlesbrough strike deal over compensation claim
Insolvency and Administration
Positive step for crisis-hit Derby as former owner Mel Morris strikes 'private' Middlesbrough agreement
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Midas boss paid £500k as troubled South West construction group made £2m loss
Insolvency and Administration
Accounts reveal directors shared £1.8m in pay as company slumped into a loss before eventually going into administration
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Steel giant Liberty responds to HMRC filing winding up petition with 3,000 jobs at risk
Insolvency and Administration
Loss of lender Greensill Capital started huge restructuring project with millions invested - now bosses are pleading for more time at key juncture
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Future of South West housing projects still uncertain despite Mi-space rescue
Insolvency and Administration
Bell Group's swoop to acquire Mi-space (Ƶ) Ltd from Midas Group collapse only saves building services arm leaving construction work in hands of administrators
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Brady Construction to complete Fragrance Group's £30m Torbay hotels after Midas collapse
Construction
Cornwall and Plymouth firm will continue work on Paignton seafront after original contractor Midas Group went into administration
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Covid blamed for collapse of South West construction giant Midas
Insolvency and Administration
Administrators from Teneo appointed as construction work ceases and 303 workers face redundancy
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Bell Group swoops for Mi-space as Midas enters administration
Insolvency and Administration
National property services company snaps up Midas' housing division as group collapses and hundreds of redundancies are announced
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Insolvency warning for South West businesses after 2021's CVL surge
Insolvency and Administration
Restructuring trade body R3 in the South West warns many bosses are so concerned about trading in 2022 they are contemplating shutting up shop
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Ex-Norton bikes boss Stuart Garner illegally used pension millions to keep business afloat
Insolvency and Administration
Garner will find out later this month if he will go to prison
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Ex-Derby County owner Mel Morris offers to take on Boro and Wycombe compensation claims to help make way for new owners
Insolvency and Administration
Mel Morris invites Boro and Wycombe to 'take their claims to the High Court against me personally'
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Middlesbrough and Wycombe Wanderers keen to hold talks over their financial claims against Derby County
Insolvency and Administration
EFL has agreed both Boro and Wycombe should be paid along with other creditors
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Clarion Housing insists £22m Plymouth housing build will go ahead after Midas exits project
Construction
Ƶ's largest social housing provider dropped Midas Group from ambitious project before construction firm's intention to appoint administrator
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Doubts grow over future of Derby County
Insolvency and Administration
One of the club's potential buyers, the Binnie family, said to be growing “frustrated” at the lack of progress
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Urgent talks sought on future of stricken Midas' £22m Plymouth housing scheme
Construction
Councillor asks for summit with Plymouth City Council chiefs to discuss Barne Barton rebuild after Midas Group's intention to appoint administrator
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Midas collapse could hit South West economy and jobs says SWBC
Construction
South West Business Council says as many as 1,000 jobs could be at risk directly and in the supply chain if construction giant Midas goes bust
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