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Restructuring news in the UK
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PKF Smith Cooper to oversee home curtain company administration
Nottinghamshire-based Home Curtains UK has entered administration following a challenging period of rising costs. Dean Nelson of PKF Smith Cooper will oversee the process.
17 January 2025
Arctic Fish Products selects RSM UK for administration process
Fish processing specialist Arctic Fish Products has ceased trading and fallen into administration.
19 December 2024
Interpath selected for Stenn Assets administration
Invoice financing provider Stenn has gone into administration. Professionals from Interpath Advisory will oversee the process.
09 December 2024
Opus selected for Hickory administration process
Culinary events company Hickory has announced that it will enter into administration. Professionals from Opus Restructuring & Insolvency have been installed to oversee the work.
04 December 2024
Dumbarton Football Club brings in Quantuma for administration
Historic Scottish football club Dumbarton FC has entered administration, amid concerns over its long-term future.
22 November 2024
EY selected for Typhoo Tea administration
For more than 120 years, Typhoo Tea has been one of the UK’s most recognisable brands.
20 November 2024
James Varney and Simon Bonney launch restructuring boutique Arafino Advisory
Insolvency experts James Varney and Simon Bonney have launched a new consulting firm to support clients with restructuring and turnaround work.
19 November 2024
RMT Accountants secures deal for restructuring firm KSA Group
North-Eastern audit firm RMT Accountants has purchased the KSA Group.
18 November 2024
Leonard Curtis selected for Nottinghamshire engineering firm
Midlands engineering and manufacturing firm Dale has fallen into administration. Professionals from Leonard Curtis have been appointed to oversee the sale of the firm’s remaining assets.
15 November 2024
Ofwat appoints L.E.K. Consulting as independent monitor of Thames Water
England and Wales’ independent monitor of the water industry has appointed a management consultancy as an independent monitor to crisis-stricken Thames Water. The appointment of L.E.K.
29 October 2024
Armstrong Teasdale selects Quantuma for administration
Quantuma experts have been named as joint administrators of Armstrong Teasdale. The US wing of the American law giant is unaffected.
18 October 2024
Teneo selected for administration of TGI Friday's UK as operator Hostmore
The future of the TGI Friday’s brand in the UK is reportedly under threat, with news that the chain’s British operator has collapsed.
07 October 2024
FRP oversees administration of shower products supplier Aqualux
Hinckley-based Aqualux Products has fallen into administration, seeing close to 20 jobs lost. FRP Advisory will now look to sell off the assets of the firm to recover value for investors.
11 September 2024
Interpath Advisory selected for Waldorf Production administration
Fossil fuels group Waldorf Production has filed a notice to appoint administrators. Professionals from Interpath Advisory are reported to be working on the sale of its remaining assets.
16 August 2024
New Engineering picks A&M for administration
Alvarez & Marsal has been appointed to the administration of Midlands-based company New Engineering.
09 August 2024
8 out of 10 restructuring experts expect financial distress to grow
More than 80% of industry experts anticipate the volume of restructurings to rise over the coming two years. North America and Europe are the geographical markets expected to lead the trend.
25 July 2024
Number of FTSE profit warnings hits lowest level in years
The number of profit warnings of UK-listed companies has dropped to its lowest level in three years, signalling a further recovery of the economy.
18 July 2024
Menzies boosts business recovery team with Rollings Butt deal
UK professional services firm Menzies has announced its merger with London-based firm Rollings Butt as part of its ongoing growth strategy.
11 July 2024
Interpath selected for Tenet wind-down
Administrators from Interpath Advisory have been appointed to a Leeds-headquartered financial services group. The move has seen 95 jobs axed at Tenet Group.
26 June 2024
FRP Advisory selected for Mona Island Dairy administration
UK-based cheesemaker Mona Island Dairy has gone into administration.
17 June 2024
Manufacturer Surepak tasks PKF Smith Cooper with administration
Nottingham-based flexible packaging manufacturer Surepak is ceasing to trade. Administrators from PKF Smith Cooper are still hopeful of a sale following interest from 96 parties.
12 June 2024
FRP helps Tasty to secure first AIM restructuring
Restaurant group Tasty has become the first AIM-listed company to successfully secure a restructuring plan.
11 June 2024
Mercian Cycles appoints Opus following voluntary liquidation
As bicycle sales slump across the UK, Derby-based Mercian Cycles has become the latest retailer in the sector to collapse.
27 May 2024
Teneo selected for Cazoo administration
Another of the world’s fabled tech unicorns has gone belly-up, with the news that car sales platform Cazoo has called in administrators.
24 May 2024
Everton reportedly in talks with insolvency consultants
Speculation on the future of Everton Football Club has gone into overdrive, amid reports that it has contacted insolvency advisors.
06 May 2024
A&M rolls out corporate finance offering in Yorkshire
Alvarez and Marsal has announced the launch of its corporate finance offering in Leeds.
17 April 2024
Quantuma rescues wine bar chain out of administration
Vagabond Wines has been sold out of administration, preserving more than 100 jobs across the UK. Business advisory firm Quantuma secured the sale to Majestic Wines.
16 April 2024
Interpath selected for RedCat administration
After a period of financial distress, RedCat Leased Pubs has fallen into administration.
10 April 2024
Kroll launches restructuring offering for public sector clients
As it looks to cater to growing demand from government agencies, Kroll has launched a public sector restructuring practice.
15 March 2024
PKF Smith Cooper hopeful of quick Surepak sale
Nottinghamshire-based firm Surepak has entered administration after growing overheads.
28 February 2024
Number of distressed companies rises in UK
The number of firms entering insolvency and administration processes both saw double-digit growth in the UK last year.
26 February 2024
FRP Advisory selected for The Body Shop administration
Shortly after a private equity company, The Body Shop has collapsed into administration in the UK.
16 February 2024
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