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Insolvency and Administration

Smiffy's fancy dress retailer is saved by US group after falling into administration
Retail
The Leeds group has stores in Newcastle, Liverpool and Oxford and took a major hit during the pandemic
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Superdry shareholders give rescue plan green light
Retail & High Street
The struggling fashion chain is hoping its turnaround plan will prevent its collapse
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Bristol retailer Nailsea Electrical falls into administration
Insolvency and Administration
The family-run kitchen appliances business was established in North Somerset in 1982
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Nearly 100 jobs lost as financial advice group Tenet calls in administrators
Insolvency and Administration
The Financial Services Compensation Scheme is investigating claims - saying the process could take several months
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Collapsed Engenera Renewables left more than £2.3m owed to suppliers
Insolvency and Administration
The green energy tech provider shut its doors earlier this year after running into financial difficulties
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Number of regional businesses in liquidation almost doubles in a month, new data shows
Insolvency and Administration
The amount of debt owed by firms in liquidation in the North East last month also rocketed
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Electric powertrain specialist Saietta failed with deficit of £2.89m, administrators say
Insolvency and Administration
Saietta had ambitions to produce 'eDrive' motors to power small electric vehicles used in cities around the world
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Cause for optimism despite high levels of insolvencies, says North East expert
Insolvency and Administration
Separate indicators showing returning business confidence and suggesting economic recovery make for a nuanced picture
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Construction company Surgo collapsed owing £4.5m after chain of events triggered by charity project
Insolvency and Administration
New documents filed by joint administrators show Surgo has more than 250 company creditors
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Steel firm goes into administration with dozens of jobs lost
Manufacturing
Atlantic Steel Processing closed down after sale process unsuccessful
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Thousands of Devon companies in 'significant' financial distress
Insolvency and Administration
Businesses across the county are struggling amid difficult macroeconomic conditions
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Business distress rising in Yorkshire and Humber areas, report says
Economy
The figures from the Begbies Traynor Red Flag Alert report highlight continuing challenges
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Jobs saved after Elite Emergency Medical Services acquired in pre-pack deal
West Midlands
Private ambulance and medical training company was hit by geopolitical instability and costs of 2023 acquisition
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West Yorkshire retailer Flair Furniture snaps up assets of e-commerce business Cuckooland
Deals
The Heckmondwike company has acquired Cuckooland’s website and assets
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Rescue buyer sought for The Great North Eastern Brewing Company
Insolvency and Administration
Ross Minnikin, who set up the real ale company, said there is likely to be more insolvencies among local brewers
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45 jobs go at North East glass firm ARGLA after administrators called in
Insolvency and Administration
ARGLA ceased trading after unexpected losses on a large contract triggered a chain of events leading to its collapse
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Job-creating relaunch of expat food seller British Corner Shop led by North East brothers
Retail
Harvey Hayer and Amar Dulay acquired the IP from administrators of the £18m turnover retailer that sold British favourites worldwide, and now have plans to create around 50 jobs
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Dispute between housebuilder Bellway and Surgo Construction speeded contractor's demise
Insolvency and Administration
Problems with works on a Northumberland development triggered the long running firm's downfall
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Full list of 15 Ted Baker stores set for closure
Insolvency and Administration
Administrators say stores 'have no prospect of being returned to profitability'
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Sports photography firm bought out of administration, saving jobs
Insolvency and Administration
Club Legends specialises in trophies, sticker books and other products for clubs
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Rescue deal agreed for collapsed caravan companies - but jobs lost
Insolvency and Administration
The firms are part of Robinsons Caravans group which has dealerships across the South West and Midlands
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Green bond renewables firm Engenera collapses into administration
Insolvency and Administration
Engenera Renewables offered businesses and householders the opportunity to get energy-tech at no up-front cost
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Jobs lost as longstanding construction firm Surgo collapses into administration
Insolvency and Administration
Insolvency specialists say the business faced challenges with recent projects and wider issues impacting the construction sector
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Somerset furniture firm sold out of administration
Insolvency and Administration
The Bruton-based company was founded in 1990 and sells to customers around the world
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