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Restructuring news in the UK | Page 10

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

FTI to administrate Utilitywise with 1,000 jobs on the line Energy focused professional services firm Utilitywise has collapsed into administration, following allegations of years of mismanagement from a number of staff.
15 February 2019
FRP oversees British Ceramic Tile administration More than 300 jobs have been lost in the South-West of England, as a ceramic tile producer collapsed into administration at the end of January.
13 February 2019
Hollywood Cinemas appoints Parker Andrews as administrator A chain of cinemas in the East of England has folded, following an especially poor year of business.
12 February 2019
Duff & Phelps appointed to administration of Oddbins The business behind a chain of UK off licences has fallen into administration, appointing consulting firm Duff & Phelps to oversee proceedings.
06 February 2019
Common People Festival falls into administration Corporate rescue and restructuring consultancy Begbies Traynor has been appointed administrator for the Common People Festival.
04 February 2019
PwC administrators preserve M40 flow despite Carillion debacle In its capacity as administrator for the collapsed outsourcing firm Carillion, advisory and auditing giant PwC was tasked with rapidly replacing the firm for a number of keystone service contracts.
04 February 2019
Quantuma advises on rapid sale of home improvements company Restructuring consultancy Quantuma has advised on the sale of home products company Apple Panels, which traded as Apple Home Improvements, to conservatory and door supplier, County Windows.
31 January 2019
Patisserie Valerie appoints KPMG administrators after collapse Following the emergence of a £20 million black hole in its accounts three months before, café chain Patisserie Valerie has collapsed into administration.
25 January 2019
PA Consulting advises Scope on charity's restructuring Global professional services firm PA Consulting was called in by Scope to help lead an organisational change programme, as part of a five-year strategy.
24 January 2019
Patisserie Valerie hires KPMG to prepare for potential collapse Following the emergence of a £20 million black hole in its accounts, café chain Patisserie Valerie has struggled to return to stability, while scrambling to uncover the extent of its short-fall in ca
21 January 2019
Kaiam’s UK and Europe operations appoint KPMG administrators Global fibre-optics manufacturer Kaiam has seen its UK and Europe arms collapse into administration, following adverse trading conditions in 2018.
11 January 2019
KRE Corporate Recovery oversees Mahabis administration Luxury slipper brand Mahabis has collapsed into administration, following poor seasonal trading and a heavy debt burden, according to reports in the British press.
10 January 2019
Monarch Aircraft Engineering appoints KPMG administrators KPMG has been installed as the administrator for Monarch Aircraft Engineering, having already performed a similar role for the entity’s connected airline in 2017.
09 January 2019
HMV appoints KPMG for second administration in six years UK entertainment retailer HMV has appointed joint administrators from KPMG to oversee the sale or closure of its business.
08 January 2019
Quantuma appointed administrator for Manor House School A £10,000 per year Manor House School in Ashby has appointed administrators just a month after a pay dispute led to a mass walkout of its teachers.
04 January 2019
Outsourcer Interserve's rescue plan sparks share slide Embattled government contractor Interserve has announced that a plan to reduce its debt by issuing new shares.
13 December 2018
Online estate agency appoints administrators from James Cowper Kreston Professional services firm James Cowper Kreston has been installed administrator of online estate agency Emoov.
12 December 2018
Vultures circle some 200 UK shopping centres on brink of administration A new report has found that over 200 shopping centres in Britain are in danger of collapsing into administration.
26 November 2018
Jobs secured as Quantuma advises BCF Heating & Plumbing BCF Heating and Plumbing has agreed upon a Company Voluntary Arrangement, securing the jobs of its entire workforce.
15 November 2018
Johnston Press commissions AlixPartners for possible administration With the printed press facing deflating revenues and declining readership in the UK, troubled newspaper publisher Johnston Press is preparing to hand control to its lenders as the search for a rescue
15 November 2018
UK retail net store closures quadruple in first half of 2018 The UK high street is enduring its most challenging period in five years, according to a new study.
14 November 2018
Yorkshire butcher chain Crawshaw appoints EY for administration Crawshaw Group has confirmed the appointment of administrators, as the UK meat retailer said in late October that it did not have sufficient cash to restructure.
08 November 2018
Administration sees Bloodhound 1,000mph car hit the brakes Consulting firm FRP Advisory has been appointed to oversee the administration of the organisation behind the Bloodhound turbo-car.
22 October 2018
Deloitte oversees Beta Distribution administration after 60 jobs lost Big Four firm Deloitte has been enlisted to oversee the administration of Beta Distribution, after the British company collapsed earlier in October.
18 October 2018
PwC helping former Maplin owner to save bird-care group Gardman Rutland Partners, the former owner of collapsed electronics retailer Maplin, is understood to be engaged in a race to sell another of its companies before it slumps into administration.
16 October 2018
Leonard Curtis to oversee administration of viral media firm Unilad Partners from Leonard Curtis Business Rescue & Recovery have been appointed joint administrators of viral news and pop culture website Unilad.
10 October 2018
Duff & Phelps helps secure future of Banham Poultry More than 1,000 jobs have been safeguarded by the sale of one of Norfolk’s largest employers.
09 October 2018
KPMG waves away buyout interest in UK restructuring unit International auditing and advisory firm KPMG is understood to have rejected informal bids to purchase its UK restructuring business.
08 October 2018
Begbies Traynor quickly sells Bestival out of administration Professionals from Begbies Traynor wasted no time in finding a buyer for the music festival Bestival, after it collapsed into administration earlier in September.
03 October 2018
AlixPartners helps British Steel with raising asset-backed financing Global consulting firm AlixPartners has advised British Steel on the raising of a £90 million of asset-backed finance injection from White Oak Global Advisors.
26 September 2018
Debenhams calls in KPMG as it mulls store closures Debenhams has tapped up advisers to consider its options, including possible store closures, as the UK high street fixture struggles to renew falling sales figures.
25 September 2018
KPMG administrators aim to sell racecourse by end of October Administrators from KPMG are reportedly jockeying for suitable buyers, as they look to sell a horse racing facility by the end of October, having already let the bulk of its staff go in August.
14 September 2018

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