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Insolvency and Administration

Fashion brand Forever Unique says refund delays down to 'difficult period' amid economic challenges
North West
Company founded by Seema Malhotra said it 'appreciates everyone's patience and understanding during this transition period'
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Listed analytics software firm Actual Experience appoints administrators
Technology
Bath-based firm warned of 'lack of progress' in funding talks
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All jobs saved after manufacturing business sold out of administration
North West
The firm has been sold to DC Norris and Company, a manufacturer of industrial food and beverage processing equipment which employs over 200 people
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Search for new occupant of Dorset construction firm’s former HQ
Offices
Wimborne-based fit-out contractor J M Scully ceased trading earlier this year
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Majority of jobs lost after timber merchant enters administration
North West
'We would encourage any parties with an interest in acquiring the business or its assets to make contact with us as soon as possible'
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North East sees 25% hike in businesses battling severe financial distress
Insolvency and Administration
The Red Flag Alert data shows firms in construction, real estate and property services, support services and general retailers are worst affected by the economic climate
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Distress levels rise for Humber businesses with state of the economy pushing many to the brink
Economy
Red Flag Alert data underlines worrying level of financial pressure being applied
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Nearly 50,000 North West companies 'on the brink' and in 'significant' financial distress
North West
The largest volume of distressed businesses are found in three sectors: construction, real estate and support services
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Around 680 jobs lost at Safestyle as Yorkshire firm goes into administration
Insolvency and Administration
Bradford-based firm had a manufacturing site near Barnsley, as well as depots around the º£½ÇÊÓƵ
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Wilko products go on sale at The Range as it brings brand into its º£½ÇÊÓƵ stores
Retail & High Street
The Wilko brand, website and intellectual property was bought by The Range for £5m
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More East Midlands companies failing, new data suggests
Insolvency and Administration
Insolvency activity – including liquidator and administrator appointments and creditors’ meetings – rose a third last month
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Corporate insolvencies rise by 70 per cent in South West, according to report
Insolvency and Administration
Analysis of notices in The Gazette by Interpath Advisory revealed a total of 30 companies based in the South West fell into administration in Q3 2023
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Homeware chain Chiltern Mills blames Covid impact as it falls into liquidation
Insolvency and Administration
The firm had three locations in Leeds and Teesside
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Administrators appointed at financial services firm
West Midlands
Interpath Advisory is seeking a new buyer for Coleshill-based insurance specialist Central Cab Care
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Yorkshire and North East bucks national trend as administration rates drop 10%
Insolvency and Administration
Analysis by Interpath Advisory shows a drop in administrations in the third quarter of 2023 - but warns it could be a temporary respite
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Administrators appointed to popular hotel and wedding venue in south east Wales
Insolvency and Administration
Miskin Manor Hotel cited "cashflow pressures" as it appointed joint administrators to trade the business as a going concern
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Hopes of buyer emerging for stricken Volta Trucks expressed by administrator and Hull supplier
Insolvency and Administration
Swedish electric vehicle start-up filed for bankruptcy earlier this week putting the brakes on huge growth plans for city success story Paneltex where 47 jobs could be at risk
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Wiltshire motocross bike dealership closes due to difficult trading conditions
Insolvency and Administration
Administrators said five jobs had been lost with the closure of the Salisbury branch of Holeshot Motocross
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Body blow for Hull manufacturing firm as pioneering electric truck client Volta files for bankruptcy
Automotive
Volta Trucks has pulled the plug on operations after battery supplier loss shattered investor confidence
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Broker Blankstone Sington enters special administration
North West
The move comes after the firm best known for brokering Everton FC shares asked for restrictions to be placed on its activities in November 2021 following the 'loss of several experienced staff who cannot easily be replaced'
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80 jobs saved as 133-year-old firm sold out of administration
Deals
Hodgson Acoustics Company, in north Leicestershire, has been sold to Wiltech Acoustics
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North East business insolvency slows by 8%, latest R3 research shows
Insolvency and Administration
The levels in the last quarter were, however, up on figures recorded last year
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Investigation launched into collapsed funeral plan firm Safe Hands
Insolvency and Administration
The Serious Fraud Office is investigating what happened when the firm collapsed last year
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Wilko assets being sold off at auction
Insolvency and Administration
The 93-year-old discount retailer has now shut its 400 º£½ÇÊÓƵ stores after tumbling into administration in August
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