Week in Review | Outlook for UK Insolvencies | February 2025
Just about six weeks into the year, 2025 has been off to a bleak start for business…
Autonomous Vehicle Startup Conigital Files for Liquidation
Conigital, a West Midlands-based autonomous vehicle technology company, has entered voluntary liquidation after failing to secure sustainable…
Plymouth Restaurants Saved: Restructure Wipes Out Debt and Secures Future Growth
Three Plymouth restaurants and 35 jobs have been rescued through a company restructure that eliminated hundreds of…
Zedify Seeking Buyers after Entering Administration
The UK’s largest electric cargo bike delivery network has entered administration, leading to the loss of 105…
Administrators Appointed for Kitchen Manufacturer Multiwood
AllBright, the women-only members’ club housed in a five-storey Mayfair townhouse, has entered administration. Members received an…
Prominent Dessert Chain Crepeaffaire Enters Administration
Beloved dessert chain Crêpeaffaire has fallen into administration, closing its Chester and Westfield London branches as part…
North Wales Based The Oriel Hotel Files for Liquidation
A prominent hotel and wedding venue in St Asaph, the Oriel Hotel, has ceased operations following the…
High Interest Rates and Tight Credit Spur Financial Distress Nationwide
As the UK economy grapples with persistent challenges, insolvency rates are climbing, with businesses across key sectors…
Administrators Appointed for Kitchen Manufacturer Multiwood
Kitchen components manufacturer Multiwood has officially entered administration, with FRP Advisory appointed to manage the process. This…
Home Curtains UK Enters Administration
Home Curtains UK Limited, a Nottinghamshire-based business established in 1986, is preparing to enter administration after facing…
