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Restructuring news in the UK

An overview of news, trends and research in Restructuring consulting in the UK:

Prohire appoints administrators from EY-Parthenon Fleet vehicle hire business Prohire has fallen into administration. Following the appointment of EY-Parthenon professionals to oversee the process, the majority of its staff were made redundant.
15 July 2025
Mighty Drinks calls in Interpath for administration Mighty Drinks – a producer of alternatives to milk – has called in administrators. Professionals from Interpath Advisory will now seek offers for the business and its assets.
27 June 2025
RSM seals pre-pack deal for historic steel firm After falling into administration, Thomas Storey Fabrications has been purchased by TAL Engineering, for an undisclosed fee. The pre-pack deal overseen by RSM saved over 100 jobs.
12 June 2025
Nolte Möbel picks Bailey Ahmad for UK administration The UK wing of Nolte Möbel has appointed administrators, after its German parent company collapsed.
09 June 2025
Folkestone Sports Centre to re-open following deal with The Sports Trust Folkestone Sports Centre has been acquired by The Sports Trust, a local charity with a focus on sport and social improvement.
30 May 2025
RSM appointed to oversee Beam administration Subsea technology company Beam has entered administration, resulting in the redundancy of the majority of its workforce. RSM UK professionals are now working to sell off the firm’s remaining assets.
20 May 2025
PKF Smith Cooper selected for Stones4Homes administration Selby-based natural aggregates company Stones4Homes has announced it is ceasing to trade. Administrators from PKF Smith Cooper have been appointed to deal with the company’s remaining assets.
05 May 2025
Uncertainty as UK insolvencies spike to eight-year high in March The UK economy has seen a mixed start to 2025.
29 April 2025
Interpath selected for Technicolor administration Technicolor Creative Studios UK has officially appointed administrators, with the company having collapsed amid sustained financial difficulties.
03 April 2025
Quantuma appointed for Basildon Credit Union administration Almost 500 members of a credit union are set to be compensated after the company ceased trading and was placed in default.
26 March 2025
FRP helps secure jobs at Quality Precision Electronics More than 40 jobs have been saved following the pre-pack sale of Fife electronics manufacturer Quality Precision Electronics. The deal was overseen by administrators from FRP Advisory.
04 March 2025
Teneo tapped for Quiz Clothing administration UK fashion store Quiz Clothing has fallen into administration, with professionals from Teneo handling the process.
26 February 2025
Fairline Yachts calls in Alvarez & Marsal for administration Administrators from Alvarez & Marsal are seeking a buyer for UK luxury yacht company Fairline Yachts.
13 February 2025
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 enlisted to oversee administration of TGI Friday 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

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