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Insolvency and Administration

High Street Group set to be wound up, leaving individual investors more than £100m out of pocket
Insolvency and Administration
The group's £200m debts include £100m invested by individuals - who are now unlikely to see any returns
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42,000 South West companies in 'significant' financial distress
Insolvency and Administration
The tourism and travel sectors and hospitality industry are facing particular difficulty as the º£½ÇÊÓƵ's trading environment remains tough
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North East businesswoman tells of challenges in having to close apprenticeship business and make redundancies
Insolvency and Administration
Michaela Reaney was a co-owner of The Opportunity Group which had employed 35 staff and provided apprenticeships to hundreds of people
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Explained: Why did skincare company Sk:n collapse?
Insolvency and Administration
The cosmetics firm ceased trading this week reportedly leaving customers and staff 'in shock'
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Office design and fitout company Paramount enters administration
Employment
it is understand that creditors are owned more than £5m
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North East administrations fall during first half as construction sector continues to suffer
Insolvency and Administration
The results were in contrast to national totals, which edged up in the first six months of the year
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North West administrations fall in first half of year, Interpath Advisory says
North West
Business services and retail sectors among those having tough times
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County Durham cannabis firm acquired in pre-pack administration
Insolvency and Administration
Dodd Heres had seen substantial investment from shareholders as well as Government grants, but had difficulty getting the necessary regulatory licence
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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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