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Insolvency and Administration

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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Concrete specialist saved from closure as accelerated sale secured by administrators
Insolvency and Administration
North Yorkshire firm Ebor Concretes bought by Nottinghamshire's JP Concrete Products
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Listed: the key South West construction projects troubled Midas is involved in
Construction
Exeter-headquartered company's intention to appoint an administrator causes concern for future of schemes it is working on
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Humber business 'red flags' well below the rest of the nation as economy rides out Covid challenge
Insolvency and Administration
Financial distress indicators at a lower level than Ƶ average according to eport author Begbies Traynor
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South West construction giant Midas confirms intention to appoint administrator
Construction
Exeter-headquartered company is ninth largest private sector firm in region but reported first loss in 40 years in 2021
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Thousands of South West companies in 'significant' financial distress
Insolvency and Administration
Covid and spiralling inflation have created a “perfect economic storm” for many companies, the Begbies Traynor report found
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Receivers take over Grimsby's Freshney Place shopping centre
Retail & High Street
Leading surveyor underlines difficult retailing market and key issue of finance that may rule out rent drops to entice more shops
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Derby County given month-long extension to show it has enough cash to keep trading
Football League Championship
Three different parties interested in buying the Rams, but deal held up by claims that have been against the club
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EFL talks of 'positive developments' in Derby County saga while local industrial giants back efforts to save club
Insolvency and Administration
Alstom, Rolls-Royce and Toyota have given their backing to campaign to save Derby County Football Club
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Carlisle Capital issues rumoured £28m bid for Derby County Football Club
Football League Championship
Rams could look like a bargain to US investment firm compared to huge expense of buying into Major League Soccer
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Derby County administrators keen to announce preferred bidder and say three potentials each have 'credibility'
Football League Championship
Compensation claims from Middlesbrough and Wycombe are ‘complex’ and ‘heavily disputed’
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Football League 'exasperated' by Derby County saga amid fears club will run out of cash next month
Football League Championship
EFL asks Derby administrators “as a matter of urgency” to clarify how they plan to fund the Rams for rest of season
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Dorset firms warned as number of voluntary liquidations rises
Insolvency and Administration
The number of corporate insolvencies nationally in December 2021 was 20% higher than a year earlier
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