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Insolvency and Administration

Bristol social club falls into administration and is put up for sale for £1m
Insolvency and Administration
The building and site are now 'under offer'
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Paul John Construction (Leicester), one of Leicestershire’s biggest building companies, goes bust
Insolvency and Administration
Business was badly hit by the pandemic, as housebuilding schemes were put on hold, and had to negotiate pay cuts for staff
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Gloucestershire hotel to reopen after collapsing into administration
Insolvency and Administration
The 39-bedroom venue fell into administration in May 2020 but it has now come under new ownership
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Graham Mulholland says Legend 480 supercar plans still on – despite his company going under with 45 job losses
Insolvency and Administration
Firm linked to the sports car is in administration, but the man behind the project says it still has a future
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Escalating levels of distress raise red flags on the Humber as pandemic continues to bite
Economic Development
Financial woes are mounting for many despite support measures in play
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Coppice Hotel Torquay and Eton House Yeovil among 10 properties sold off following Carlauren Group collapse
Deals
But no jobs were saved as part of the deal
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14,000 North East businesses are in distress as firms continue to struggle
Economy
Experts say that Government measures have delayed the number of insolvencies but firms are still struggling
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Utility Alliance owed more than £4m when it entered administration
Insolvency and Administration
The administrator's report has revealed the series of events that led to the collapse of North East Energy brokerage Utility Alliance
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Struggling firms handed lifeline as Government extends Covid insolvency rules
Insolvency and Administration
The Corporate Insolvency and Governance Act has been designed to help businesses survive during the pandemic
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Holiday operator Travel Day collapses into administration
Insolvency and Administration
The company specialises in arranging travel to long-haul destinations such as the Caribbean and US
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Owner of Best Western Plus Centurion Hotel collapses into administration amid 'extremely challenging' conditions
Insolvency and Administration
The business, which has an annual turnover of around £3.5m and 65 employees, has appointed Mazars as administrators
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Owners of exotic animal business say they are on brink of life-or-death decision after a year of lockdown
Coronavirus
The Party Animals has had limited government support and now facing touch decisions about the 200 animals
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Jobs lost as pandemic forces soft play centre under
Coronavirus
Jungletastic will formally cease trading in May, although it is unlikely the centre will reopen before then
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Council writes off £600k after theatre company collapse
Insolvency and Administration
The theatre owed more than £900,000 to ticketholders, suppliers, businesses, and the council when it went bust in lockdown 1
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Derbyshire Castle could continue as hotel under new buyer
property news
Willersley Castle overlooks the River Derwent and Matlock Bath on the edge of the Peak District National Park
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Retail fashion expert Fiona Lambert is new MD of Jaeger
Marks & Spencer
M&S bought the Jaeger brand and stock out of administration in January, for around £5 million
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Profit warnings at listed companies climb sharply in South West and Wales
Finance
The majority of firms have blamed the pandemic
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Fears the "cashflow crisis of 2020 will transition into the insolvency crisis of 2021” without fresh Government help
Coronavirus
Government must be prepared to dig deep to overcome “prolonged agony for businesses”
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Norton Motorcycles reveals new Ƶ base
Automotive
Historic bike builder pulls out of Leicestershire after being bought out of administration by India’s TVS Motor Company
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The companies that collapsed into administration in the South West in 2020
Insolvency and Administration
A total of 109 businesses in the region became insolvent in a year blighted by the pandemic
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46,000 companies in the South West in 'significant financial distress' as England's lockdown hits business
Insolvency and Administration
Insolvency firm Begbies Traynor said the latest lockdown was another "body blow" for business
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New report shows huge number of struggling businesses in Leicestershire
Insolvency and Administration
Nationally, the latest Red Flag Alert research recorded 630,000 businesses in “significant distress”
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Arlington rescue deal saves 110 Coventry jobs
Manufacturing
Company which was placed into administration last year has been bought out by a former executive
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Former Carillion directors facing disqualification proceedings
Carillion
Business Secretary Kwasi Kwarteng has started company director disqualification proceedings against eight current and former directors of the collapsed construction giant
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