Financial Services Provider Tenet Group Enters Administration
On 5 June, administrators confirmed that 95 jobs have been lost as Leeds-headquartered Tenet Group winds down…
acquisition
Intelligent Money Enters Administration; Assets Sold to Quai
Intelligent Money, a Sipp provider facing financial difficulties due to upheld complaints regarding its investments, has declared…
Island Poké files Company Voluntary Arrangement Application
London-based health food chain Island Poké has enlisted the help of restructuring firm Begbies Traynor to navigate…
Insolvency Trends in the UK’s Finance Sector | May 2024
Corporate insolvencies increased by 18.4% last month, reaching 2,177 from March’s 1,838, and surged by 52.7% compared…
Pork Producer & Wholesaler Enters Administration
FA Gill at Parkfields, Wolverhampton, a renowned Black Country sausage-maker founded in 1938, has entered administration. Mike…
Insolvency Trends & Updates from UK’s Retail Industry | May 2024
The retail sector is bracing for a difficult 2024 due to the ongoing cost of living crisis…
Tevva Motors files NOI to appoint administrators
An Essex-based electric truck manufacturer, Tevva Motors, has filed a notice of intention to appoint administrators (NOI),…
UK’s Largest Food Festival in Liquidation; Urgent Funding Required
Investment is urgently needed to rescue The Yorkshire Dales Food and Drink Festival, a beloved North Yorkshire…
Chamberlain Group Files for Liquidation; 160 Jobs at Risk
Chamberlain, a Black Country engineering group based in Walsall, has initiated a liquidation process that may jeopardise…
Turning Adversity into Advantage: Distressed Business Acquisitions within the SME Market
There are few players as vital and resilient as small businesses that drive a country’s economic growth….
