Prominent Dessert Chain Crepeaffaire Enters Administration
Beloved dessert chain Crêpeaffaire has fallen into administration, closing its Chester and Westfield London branches as part…
financial struggle
EDAM Group Enters Administration Amidst Tough Trading Conditions
EDAM Group, a provider of credit hire and post-accident repair services, has entered administration. Ryan Grant and…
Typhoo Tea’s Administration: Company Bought for £10M by Vape Maker
Typhoo Tea, a stalwart of Britain’s tea industry since 1903, has been rescued by Supreme Plc after…
Inverness Caledonian Thistle Enters Administration
Inverness Caledonian Thistle FC has officially entered administration, marking a significant chapter for the Highland club. Established…
Challenging Times for Retail: Economic Pressures, Store Closures, and Distress Signals
Recent data from the Office for National Statistics (ONS) reveals a slowdown in retail sales growth across…
Zytronic Considering Liquidation in Light of Financial Struggles
Zytronic, the Gateshead-based manufacturer of touch overlay sensors, is exploring several options, including a potential sale or…
Insolvency on the Rise in UK’s Hospitality Sector | July 2024
The UK’s hospitality sector—encompassing hotels, restaurants, and leisure facilities—remains highly susceptible to economic downturns and shifts in…
Double Glazing Window Manufacturer Falls into Administration
Everest, a prominent windows and doors supplier in Britain, has encountered significant financial challenges, leading to its…
Credit Union Financing: A Lifeline for Distressed Business Owners
Unlike traditional banking institutions that are often profit-driven, credit unions have a unique ethos. They are not…
Bellway Cuts Jobs & Profits Amidst UK Property Market Slowdown
Bellway, a prominent house building company in the UK, is implementing job cuts in preparation for a…
