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Insolvency and Administration
18:27, 12 OCT 2021
Derby County administrators update reports that Mike Ashley is interested in club
Football League Championship
Administrators say they are in talks with a number of potential buyers
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Derby County appeal over EFL points deduction
Football League Championship
Wayne Rooney's team is now on two points - after hitting minus-two - and rooted at the foot of the Championship
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Scale of job losses revealed following collapse of Notts building contractor NMCN
Insolvency and Administration
Buyers found for a number of NMCM divisions, securing the jobs of almost 1,600 people – but some jobs have gone
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Almost 1,600 jobs saved as two companies move in to buy divisions of failed Notts contractor NMCN
BT
SVELLA and Galliford Try have bought parts of one of Nottinghamshire's biggest firms, after it went into administration
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New contractor found to continue £50m Trent Bridge Quays scheme in Nottingham after NMCN goes bust
Construction
Huthwaite based contractor NMCN was working on a number of high profile projects when it called in the administrators
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'Vast majority' of jobs at £404m turnover contractor NMCN could be safe, after administrators called in
Insolvency and Administration
Projects it was working on included £35m Nottingham student complex and roadworks around Liverpool Lime Street station
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Plymouth's URBN Construction goes bust owing £2.5m
Insolvency and Administration
Company was based at city's Eurotech House and owes its owner £51k amid debts to 182 creditors
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Stricken print company's assets bought by former customer to aid expansion plan
Insolvency and Administration
Kuhnel Graphics ceased trading last month with print suite snapped up by Zebra in competitive bidding process
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Igloo, Symbio and Enstroga join growing list of failed energy suppliers
Energy
They are the latest firms to collapse amid soaring wholesale gas prices
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Octopus Energy takes on 580,000 Avro customers after energy provider goes under
Energy
Avro is one of a series of failures in the energy market, sparked by a massive spike in gas prices in recent weeks
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Driver shortages contribute to collapse of £167m food distribution business – putting 400-plus jobs at risk
Brexit
As well as “acute” driver shortages, loss of some key contracts also blamed for collapse of EVCL Chill Ltd
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Latest insolvency statistics show impact of Covid-19 on Midlands businesses
Insolvency and Administration
'The insolvency figures published this month highlight how tough the current climate is for businesses'
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New Kelham Hall owners prepare for Christmas reopening after previous management company went under
Leisure & Touism
Trent Valley venue has been taken over by a new management team backed by A Shade Greener Finance
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Derby County Football Club goes into administration
Insolvency and Administration
'We are in the early stages of assessing the options available... and would invite any interested parties to come forward'
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Property boss banned after companies raised millions of pounds from investors
Insolvency and Administration
Matthew Roberts, who has changed his name by deed poll, was handed the disqualification by the courts
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EDF takes on Utility Point customers following Dorset energy supplier's collapse
EDF
Ofgem has appointed EDF as the new supplier for Utility Point customers after the Poole-based firm ceased trading
Bookmark
Derby County heads towards administration – and possibility of crushing 12-point penalty
Football League Championship
'This isn't the end of this football club, this is now the opportunity to get a person on board to revitalise that situation'
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Historic firm Cleveland Bridge on brink of collapse with debts of £21m
Insolvency and Administration
The Darlington firm, which dates back to 1877, is likely to close next week after efforts to find a buyer were unsuccessful
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JTF Mega Discount administrators confirm which stores will stay permanently closed after Poundstretcher deal
Retail & High Street
Poundstretcher group has bought the chain’s intellectual property rights and is reopening nine of the stores
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EXCLUSIVE: Poundstretcher owner buys failed discount chain JTF, saving 230 jobs – with 15 new shops planned
Retail & Consumer
Nottinghamshire-based JTF Mega Discount Warehouse collapsed this summer when a deal to sell the business fell through
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Back from the brink: Poundstretcher goes from £49m pre-tax loss to £30m profit in a year after tackling crippling rents
Retail & High Street
Exclusive: CEO Aziz Tayub says discount retailer has seen sharp turnaround despite CVA, Covid and Brexit – with more stores planned
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Creditors paid six years after Cornwall's Western Greyhound bus firm went bust
Insolvency and Administration
Liquidators at fire-hit bus company able to finally sort out protracted claims from secured creditors and former employees
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South West businesses warned to prepare for end of furlough scheme
Insolvency and Administration
Insolvency experts at R3 say company directors should look for signs of distress now and take action before it is too late
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South West construction firm Pollard leaves debts of £10m after going into liquidation
Insolvency and Administration
Bridgwater and Plymouth based firm owes nearly £5m to its pension fund and significant sums to staff and hundreds of other companies
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