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Insolvency and Administration

Steak restaurant with sites in Bristol and Cardiff collapses into administration
Insolvency and Administration
Steak of the Art was founded by former management consultant Stephen Bowen
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Distress levels fall across Yorkshire businesses but experts warn of tariffs turmoil
Economy
Firms in the region unlikely to come out of the US "liberation day" measures unscathed, says Begbies Traynor
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Plymouth company with links to royal family collapses
Insolvency and Administration
Devonport Capital has been placed into administration, owing nearly £30m to creditors
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Devon bakery chain to sell assets in bid to save shops from permanent closure
Insolvency and Administration
The Crusty Cob said reduced consumer demanded and rising business rates had put it under 'financial strain'
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Insolvency activity in Yorkshire and Humber jumps 27% as experts warn of 'calm before the storm'
Economy
Trade body R3 has suggested tariffs 'chaos' could yet have a significant bearing on insolvency rates this year
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Tyneside property firm that featured on TV shuts as customers issued with advice
Insolvency and Administration
Peek Home's founders said they had explored every possible option to keep going
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Scunthorpe supplier to data centre industry collapses with jobs lost
Insolvency and Administration
Directors at Cross-Guard Limited recently called in administrators
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North East liquidation levels rocket as rising costs bite, new figures reveal
Insolvency and Administration
The North East and Yorkshire and Humberside were the only two º£½ÇÊÓƵ regions to see a yearly rise
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Hard Rock Cafe Newcastle assets to be sold off following restaurant closure
property news
The world famous rock-n-roll music themed cafe closed its doors for good on the Quayside earlier this month
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Jobs saved as Washington smart meter provider sold out of administration
Insolvency and Administration
Bespoke Metering Solutions was an installer of smart meters but encountered difficulties amid a significant amount owed to HMRC
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Property development firm Enzo's Homes put into liquidation
Insolvency and Administration
The Cross Hands based firm was set up by serial entrepreneur Fiorenzo Sauro
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Tyneside door maker Virtuoso collapsed with debts of more than £40m
Insolvency and Administration
Suppliers, financiers and HMRC are unlikely to see returns following the firm's administration
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Major tool supplier collapses into administration
Insolvency and Administration
Professional services consultancy Alvarez and Marsal has been appointed as administrators of Exeter-based Troy º£½ÇÊÓƵ
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North East firms 'face tough decisions over future' as overdue invoices rocket to two-year high
Insolvency and Administration
Insolvency body R3 says the rising numbers suggest payment practices are getting worse
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The Range announces new store openings following Homebase acquisition
Retail & High Street
The superstore outlets will include gardening hubs under the banner of the former DIY chain
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Plymouth restaurant shuts its doors leaving owner broke
Insolvency and Administration
Koala Karlous opened in 2023 and went on to have several locations but the entire chain has now closed
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Thousands of Bristol companies in 'significant' financial distress
Insolvency and Administration
Construction firms are particularly struggling as well as real estate and property businesses
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Historic Tyneside music store that lost battle with online giants went bust owing almost £1m
Retail & High Street
Music store JG Windows Ltd, which opened in Newcastle city centre in 1908, was placed into liquidation at the end of last year
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Jobs saved as Horizon Works Marketing assets acquired
Insolvency and Administration
The North East agency continues to work with clients and says it is now focused on growth
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North East economy 'under siege' as number of firms in financial distress rockets by 75%
Finance
The Begbies Traynor research shows financial services, property and food and beverage production firms are suffering the most
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More than 400 jobs lost as metalwork operation collapses only months after rescue
Insolvency and Administration
Fuel tank maker Fablink was bought out of administration only three months ago but its new owner has now also collapsed
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Cornwall firm goes into liquidation owing almost £1m
Insolvency and Administration
Summercourt Travel Limited was declared insolvent in the fortnight leading up to Christmas
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Number of companies in administration rises as firms face 'challenging environment'
Insolvency and Administration
Retail, construction, hospitality, manufacturing and real estate were the worst-hit sectors
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100 jobs lost as Gateshead's Virtuoso Doors falls into administration
Insolvency and Administration
The Follingsby Park firm was not among the other Customade Group businesses rescued in recent deals
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