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Insolvency and Administration
15:01, 10 JAN 2024
Bristol restructuring expert becomes chair of R3 in the South West
Appointments
R3 is the trade association for the entire community of the UK's insolvency and restructuring professionals
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Housebuilder Stewart Milne Group in administration - talks continue over future of its North West sites
Insolvency and Administration
Homes England discussing strategy for builder's English sites as administrators pause Scottish developments
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Pub company collapsed with deficiency of £8.1m as buyer sought
Insolvency and Administration
The Aprirose firm behind 25 former Wear Inns pubs owned £3m owed to lender Metro Bank and more than £891,000 owned to regional creditors, including some small brewers
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Historic Shipham Valves collapses into administration at the hands of cash flow troubles
Insolvency and Administration
39 staff have lost their jobs as the hunt for a buyer is under way
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Sports Direct firms buy website from failed Sunderland business
Retail & High Street
Direct Childrenswear went into administration after delays to a new website saw it lose sales
Bookmark
Rescue deal for printing company
West Midlands
Paramount Labels & Tags has been sold by administrators
Bookmark
Window of hope for North East firms as late payment numbers fall for third consecutive month
Finance
Late payment is one of the biggest bugbears facing North East business owners, says trade body R3
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Rent negotiations prevent reuse of Newcastle city centre nightlife venues
Insolvency and Administration
The venues' expensive audio visual equipment has been sold for £234,000 by administrators
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Scores of jobs lost as WHP Engineering in Gateshead collapses into administration
Insolvency and Administration
Almost all of its 61-strong workforce has been made redundant
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Begbies Traynor hires more staff and warns of more insolvencies as cost-of-living crisis goes on
Professional Services
Group said number of businesses going insolvent in the UK increased by a little over 17% in a year
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Designer Childrenswear fashion firm closes as website change triggers financial collapse
Retail & High Street
The firm's website was offline at a crucial time - an installation issue which cost the company dearly
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North East insolvency numbers jump - and Christmas could deal final blow for more, R3 warns
Insolvency and Administration
The North East chair of insolvency and restructuring trade body R3 says its impossible to say if struggling businesses will get enough of a boost from festive trading
Bookmark
Efforts to complete the sale of Britishvolt extended by administrators
Automotive
EY have warned it may look for an alternative buyer if the current deal with preferred bidders Recharge Industries can't be completed
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Real Good Food files notice of intent to enter administration
North West
The move comes after it recently appointed Interpath Advisory to oversee a strategic review of group company JF Renshaw
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Overdue invoices in the South West drop year-on-year, according to new research by R3
South West
R3's analysis of data is provided by Creditsafe
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SSD Events and Marketing wound up after HMRC petition
HMRC
A court ruling means HRMC's costs will be paid out of the assets of the firm
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Ex-Wilko chair apologises for lost jobs and says disastrous Liz Truss mini-budget contributed to chain's collapse
Retail & High Street
Lisa Wilkinson, 'I am devastated that we have let each and every one of those people down with the insolvency of Wilko'
Bookmark
Almost 10,000 ex-Wilko staff have been paid £42m by Insolvency Service since retailer went under
Insolvency and Administration
Discount chain with 400 stores and 12,500 workers went into administration in August
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Vehicle manufacturers employing hundreds of people go into administration after 'supply chain issues'
North West
Teneo has been involved in a number of high profile administrations in the North West in recent years, such as Studio Retail Group and Missguided
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101 jobs lost after doorstep lender Morses Club calls in administrators
Insolvency and Administration
Prior to the administrators being brought in, all new lending ceased, but outstanding loans will still be collected
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Popular Welsh hotel and wedding venue which went into administration last month up for sale
property news
Offers are invited for the freehold interest in Miskin Manor Hotel and Spa
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Amigo Loans’ parent firm says ‘reverse takeover’ deal is off
Finance
The Bournemouth-based lender is currently being wound down
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Administrators seek buyer for 25 pubs across North East and Yorkshire after collapse of operator
Insolvency and Administration
Insolvency experts were appointed to the company behind the former Wear Inns venues, some of which are managed by Blackrose Pubs
Bookmark
WealthTek administrators find evidence of trading with 'prolonged' shortfall
Insolvency and Administration
Insolvency specialists have revealed the latest findings after the North East wealth management firm was shut down earlier this year
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