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Insolvency and Administration

Typhoo Tea tumbles into administration after 120 years
Insolvency and Administration
The collapse follows several years of declining sales, mounting debts and even a break-in at its Wirral factory last year
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Jobs lost as Yorkshire housebuilder Camstead Homes falls in administration
Insolvency and Administration
Work has paused at three sites in Derwenthorpe, Shepley and Adel
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Frozen assets of former WealthTek boss John Dance could be used to benefit clients
Insolvency and Administration
Administrators of the shuttered firm acknowledged the "hardship" and "distress" caused to clients as they received the first tranche of £26.6m from the Financial Services Compensation Scheme
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Britishvolt administrators move to liquidate failed gigafactory firm
HMRC
It had been hoped that the project would create thousands of jobs in Northumberland but the plans never came to fruition
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Formula One supplier Retrac Group sold after falling into administration, saving 110 jobs
Insolvency and Administration
The Swindon company will continue to operate from its site in Wiltshire following its sale to a Coventry firm
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North East business tackling strain of more than 482,000 overdue invoices, research shows
Insolvency and Administration
The survey by R3 has found that the region's business has seen a rise in the number of unpaid bills - both month-on-month and year-on-year
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Around 140 jobs saved as Linbrooke Services is sold in pre-pack deal
Deals
The Sheffield firm's railway construction business has been sold to new owners Keltbray
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4,000 Bristol companies in 'significant financial distress', report finds
Insolvency and Administration
Construction firms, retailers and bars and restaurants are struggling the most, the Begbies Traynor research found
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North East administrations set to outpace last year as distress levels rise
Insolvency and Administration
Research from insolvency specialists points to fragility in the region's economy
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Jobs lost as Yorkshire and Humber's Builders' Merchant Company Ltd collapses
Insolvency and Administration
The historic company had branches in Hull, Goole, Scunthorpe and Rotherham
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Devon organic food firm collapses with debts of £7m
Food and Drink
Eversfield Organic, which sold produce in London's upmarket Selfridges, fell into severe financial difficulties earlier this year
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New and used vehicle group collapses into administration
Insolvency and Administration
The group had been facing financial difficulty after a poor summer trading period
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Northumberland furniture firm Delcor saved via pre-pack administration
Insolvency and Administration
The deal at the historic firm has saved more than 40 jobs
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Around 80 jobs lost as County Durham's PSP Group falls into administration
Insolvency and Administration
Insolvency experts handling the group's affairs say emergency funding had been secured in May but sales did not materialise
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Jobs to go Hull modular buildings firm falls into administration
Insolvency and Administration
Insolvency experts have been appointed to ESS Modular and its subsidiary Spatial Initiative Limited
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Wiltshire transport firm collapses into administration
Insolvency and Administration
The business had been operating for more than 30 years
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Hundreds of North East jobs saved as metalwork firm bought out of administration
Deals
Fablink made fuel tanks and other products for automotive clients but had suffered funding delays and bad debt in recent years
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North East insolvency rates fall 20% year-on-year as more firms seek advice, figures show
Insolvency and Administration
R3’s analysis of data provided by Creditsafe shows there were 76 cases of insolvency-related activity in August
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Yorkshire and Humber sees significant drop in insolvency activity
Insolvency and Administration
Figures from R3 and CreditSafe point to a robust performance in the region
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High street shops that have disappeared from the º£½ÇÊÓƵ
Retail & High Street
Brands such as Woolworths and Blockbuster - popular in the 1980s and 1990s - have been consigned to history
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MPs call for investigation into FCA's handling of WealthTek scandal
Insolvency and Administration
Shadow Business Secretary Kevin Hollinrake leads a group of prominent Conservatives who have written to the Chancellor
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Failed High Street Group finally liquidated as investors left £123m out of pocket
Insolvency and Administration
The property business collapsed into administration in 2021 and efforts to recoup investor money have been unsuccessful
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Durham engineering firm sold in pre-pack deal after collapsing owing £2.4m
Deals
The company and its assets have been sold to AEL Automation Ltd for a five-figure sum
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Topps Tiles steps in after retailer falls into administration
Employment
High street giant has bought out troubled Birmingham firm for £9m but stores and jobs have been lost
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