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Insolvency and Administration

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
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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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Covid effect causes year-on-year rise in South West insolvencies
Insolvency and Administration
Number of companies in trouble declined from June to July 2021 but figures are still higher than for same period in 2020
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Swindon bosses sentenced for running companies while banned
Insolvency and Administration
The trio were investigated by the government's Insolvency Service and were then prosecuted at Swindon Crown Court
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Construction work to restart at £13m Plymouth apartment block hit by Pollard liquidation
Construction
Family-run Brady Construction Services to begin work to finish off eight-storey Teesra House
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South West insolvencies and 'zombie businesses' warning despite unlocking boost
Insolvency and Administration
Begbies Traynor's latest report has found a quarterly drop in the number of firms in financial distress
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Zombie businesses threaten recovery - but pent up consumer demand pulling some firms out of harm’s way
Enterprise
Some good news as number of businesses in “significant” financial distress looks to be receding
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Jobs in doubt as historic North East firm Cleveland Bridge goes into administration
Insolvency and Administration
More than 300 direct and contract jobs are at risk after the firm was hit by delays in major construction projects during the pandemic
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Midlands insolvencies drop despite pandemic
Insolvency and Administration
New research says government support packages and helpful lending community are keeping companies trading
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Restaurant brothers banned after 'concealing earnings' – leaving taxpayer £566k out of pocket
HMRC
'It was obvious that cash and sales records were going missing'
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Creditors' meeting called to appoint liquidator for South West construction firm Pollard
Insolvency and Administration
Henry W Pollard and Sons Ltd has ceased trading after 161 years and will now go into liquidation
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Profits up at property investment business Custodian REIT despite fall in demand for shop units
property news
Impact of pandemic has accelerated decline in high street retail, pushing more occupiers into insolvency
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Leicester company boss banned for multi-million pound tax avoidance scheme, says Insolvency Service
Insolvency and Administration
“Investigators could not establish genuine company expenses from almost £37 million that had left the company account”, regulator says
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Amigo Loans facing insolvency after rescue plan rejected by high court
Insolvency and Administration
The lender has been facing financial difficulties after being ordered to make compensation payments to customers
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