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Insolvency and Administration
04:00, 23 AUG 2023
THG rescued City AM for £1.5m as free newspaper entered administration owing millions
North West
City AM is distributed from about 400 travel hubs and commuter locations, as well as about 1,600 London offices
Bookmark
Leather goods firm Pittards moves to protect sale process
Somerset
The troubled Somerset tannery is looking to find a buyer for the business and its assets
Bookmark
Over 45,000 North West companies in 'significant financial distress'
North West
'Significant distress' refers to businesses showing deterioration in key financial ratios and indicators including those measuring working capital, contingent liabilities, retained profits and net worth
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Mass redundancies at Wejo as it entered administration leaves firm unable to file latest accounts
North West
Wejo also said it is still considering whether to file ancillary insolvency proceedings for all of its other companies in the group
Bookmark
Millions owed by fire and security firm after collapsing into administration
North West
Creditors are expected to face a shortfall or not get any of their money back
Bookmark
Rescue buyer sought for North East pharmacy group in administration
Insolvency and Administration
All of Northcare Limited and Medway Limited's shops across the region and Yorkshire remain open
Bookmark
Hotly tipped start-up Opportuni liquidated with liabilities of £1.7m
Technology
The three-year-old company had hoped to reshape procurement
Bookmark
Creditors of watch and jewellery repairer In-Time to miss out on millions despite Timpson rescue deal
North West
Before it collapsed, In-Time had been trading since 1981 and had previously operated around 50 branches
Bookmark
Jobs saved as Tyneside internet provider rescued in pre-pack sale
Deals
Construction site connection specialist Trench Networks had encountered difficulties on the back of high profile contractor collapses in the sector
Bookmark
How the administration of Wilko could impact its employees
Opinion
It is a worrying time for the retailers 12,000 employees
Bookmark
Creditors to lose millions after Hotter Shoes administration despite rescue deal
North West
The creditors of Hotter Shoes include Royal Mail, Facebook and Google
Bookmark
Wilko administration: West Country workers offered help by mayor
Employment
The retail chain, which has five stores in the Bristol area, appointed administrators after failing to secure a rescue deal
Bookmark
Mark Jackson, CEO of failed Wilko chain, thanks staff for their hard work but concedes ‘time has run out’
Insolvency and Administration
Open letter from the boss thanks 12,500 staff for their support as well as customers and suppliers
Bookmark
Why Wilko administration could be only way to secure jobs of 12,500 workers – but only if right buyer steps forward
Insolvency and Administration
Strategic failures led to Wilko’s demise – and industry experts say it won't be the last casualty in 2023
Bookmark
Creditors of north Wales marina in administration facing a £1m-plus shortfall
Insolvency and Administration
Port Dinorwic Marina in Y Felinheli was placed into administration in June and is now up for sale
Bookmark
Bristol financial advice firm enters administration following combination deal
Finance
LEBC Group said it was is set to become part of sister company Aspira
Bookmark
Birmingham collectibles firm ceases trading
West Midlands
Company which sold gifts from TV shows such as Peaky Blinders and Mr Bean has been hit by pandemic and cost-of-living crisis
Bookmark
12,500 jobs at risk as Wilko goes into administration
Retail & High Street
CEO 'We’ve all fought hard to keep this incredible business intact but must concede that time has run out'
Bookmark
Wilko stops home deliveries as it tries to avoid collapse
Insolvency and Administration
Homewares chain looking for a potential buyer to head off administration
Bookmark
Redundancies made as loss-making nuclear services firm sold for just £3 enters administration
North West
The business employed hundreds of people
Bookmark
Home credit lender CLC Finance falls into administration
Insolvency and Administration
Borrowers are being advised to make repayments as normal
Bookmark
Leather goods firm Pittards announces intention to call in administrators
Insolvency and Administration
Bosses at the Somerset-based company said they were considering all strategic options
Bookmark
Unsecured creditors of collapsed Tillery Valley Foods unlikely to get anything back say joint administrators
Wales
The Abertillery-based business entered administration in May with more than 200 job losses
Bookmark
125 jobs saved as industrial pump maker bought out of administration
Insolvency and Administration
Deal to buy Slack & Parr has secured the jobs of 100 people in the UK and 27 in the US and China
Bookmark
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