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Insolvency and Administration
14:36, 29 MAY 2024
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
Bookmark
Steel firm goes into administration with dozens of jobs lost
Manufacturing
Atlantic Steel Processing closed down after sale process unsuccessful
Bookmark
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
Bookmark
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
Bookmark
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
Bookmark
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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FCA refocuses WealthTek investigation on suspected criminal offences
Insolvency and Administration
A High Court judge has given the watchdog more time to conduct a criminal probe
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Be More Geek closes three shops with job losses amid spiralling costs
Insolvency and Administration
Be More Geek stores in Manchester, Washington and Middlesbrough have closed after the original firm was put into liquidation - but three shops have been saved
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Shipham Valves collapsed owing creditors more than £24m
Insolvency and Administration
The 225 year-old firm called in administrators late last year amid cash flow difficulties
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Rescue deal for work surface firm
West Midlands
Precision Stone has been acquired from administrators safeguarding more than 40 jobs in the West Midlands
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Finance and accountancy salary survey: Have your say on pay, bonuses and hybrid working
Professional Services
Our sister title GAAPweb launches annual survey on pay and conditions
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Pre-pack deal at packaging firm saves jobs
Manufacturing
Eco Packaging Products supplies biodegradable boxes and cutlery for takeaways and food firms
Bookmark
Jobs saved after opticians chain sold out of administration
Deals
The company had been struggling with increased operating costs and cash flow issues
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Number of companies falling into administration in South West rises
Insolvency and Administration
Sluggish growth, inflation and high interest rates are all continuing to impact on businesses
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