Insolvency service bans first four directors

Directors banned for abusing dissolution process

News
The insolvency service has disqualified the first four directors under new powers to tackle directors from dissolving companies and walking away without paying their debts. The four directors were disqualified…
Next rescues Joules from administration

Next rescues Joules from administration

News
In a £41 million transaction, Next has partnered with the creator of the defunct fashion retailer Joules to save it from administration, preserving approximately 100 stores and 1,450 jobs. According…
Mortons Rolls rescued from administration as investors buy up iconic Glasgow bakery

Mortons Rolls rescued from administration

News
Mortons Rolls has been saved from insolvency by investors who have purchased the historic Glasgow bakery. The company, known for its morning rolls and tagline “We built this city,” has…
Go Outdoors in Administration

Administrators called in for Go Outdoors

News
The owners of Go Outdoors have said they are preparing to call in administrators, as the coronavirus pandemic pushes many High Street retailers to an unfortunate financial point of no…
Disqualified Target Travel goes into liquidation

Disqualified Target Travel goes into liquidation

News
The entity responsible for Target Travel, a company that faced the revocation of its O-Licence three years ago, has now entered into liquidation, carrying liabilities amounting to approximately £500,000. Dealtop…
Buckingham Group files administration notice

Buckingham Group files administration notice

News
Buckingham Group Contracting has filed a notice of intention to appoint administrators. The history of the company can be traced back to the establishment of Buckingham Plant Hire in 1955.…